The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all Peer-to-Peer platforms in a bid to reduce the manipulation of the local currency value in the foreign exchange market.
Emomotimi Agama, Director General of SEC, disclosed this during an interactive session with the Nigerian Blockchain Industry. This is expected to be part of a couple of regulations that will be rolled out in the coming days.
Details soon…