Africa-Based Quidax Receives ‘Provisional Operating License’ From SEC In Nigeria

Quick Summary:

The license issued by the SEC authorizes Quidax to operate as a registered digital assets exchange in Nigeria.  Quidax, a cryptocurrency exchange founded in Africa, said it has become the first crypto exchange to receive a provisional operating license’ from Nigeria’s Securities and Exchange Commission (SEC).

Nigeria remains the biggest crypto market in Africa south of the Sahara.

The Nigerian government tightening its grip on cryptocurrency operations has led to the departure of several major exchanges from the country.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaChinaNigerNigeria

Topics: Provisional Africa-Based SEC News Receives Latest News Operating License Quidax

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 16:44:18 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22144510

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 24 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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