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Cryptocurrency: Nigeria open to stablecoins

25/07/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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At the Nigeria Stablecoin Summit held in Lagos on Thursday, the Securities and Exchange Commission announced that Nigeria was open to trading stablecoins. The condition: that operators comply with the country's regulations

.

SEC chief executive Emomotimi Agama said, “Nigeria is open to trading stablecoins, but on terms that protect our markets and empower Nigerians.” According to him, “when history books document Africa's financial revolution, today will be remembered as the moment when we went from potential to action.” Agama also indicated that: “the digital economy in Nigeria is dynamic, young and increasingly decentralized

.”
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