The Nigerian government wants more clarity in digital currency trading. The country, which has published new laws for cryptocurrencies, has created these rules for all digital assets. The new laws could boost trade in the country as they provide greater clarity for trading cryptocurrencies.
Nigeria Has the World's Second Largest Crypto Trading Volume
Nigeria accounts for the largest cryptocurrency trading volume after the United States. The Nigerian SEC is working to protect investors and make the market more transparent. The new regulations will lay a critical foundation for mass crypto adoption nationwide.