SiBAN partners with SEC to regulate Nigeria's blockchain industry for investor protection and fraud prevention.

The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) is partnering with the Securities and Exchange Commission (SEC) to regulate Nigeria's blockchain industry. SiBAN seeks to create a secure environment that protects investors and adheres to ethical standards while preventing fraud and money laundering. It collaborates with agencies like the Nigerian Financial Intelligence Unit (NFIU) to establish a comprehensive regulatory framework, fostering local innovation and economic growth.

September 19, 2024
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