The attention of the Securities and Exchange Commission (the Commission) has been drawn to the activities of an online platform known as CMTRADING, which holds itself out as a cryptocurrency and commodities trading platform.
The platform claims to be licenced as GCMT SOUTH AFRICA PTY LTD by the Financial Sector Conduct Authority (FSCA) of South Africa and as a securities dealer by the Read full article
The attention of the Securities and Exchange Commission (the Commission) has been drawn to online publications advertising unauthorized Crypto coins termed ZUGACOIN (with variants like SZCB and SZCB2) and SAMZUGA GPT.
The Commission hereby informs the public that the promoters or issuers of ZUGACOIN and SAMZUGA GPT are NOT REGISTERED to operate in any
“PUNISHER COIN”
The attention of the Securities and Exchange Commission (“The Commission”) has been drawn to several online publications advertising an unauthorized presale of Crypto coin termed “PUNISHER COIN” aka “$PUN”.
The Commission hereby informs the public that the promoters or issuers of “PUNISHER COIN” aka “$PUN” are NOT REG
The Securities and Exchange Commission (SEC) hereby announces the launch of the second Cohort (Cohort 002/24) of its Regulatory Incubation (RI) program. The portal for submitting applications is now open to receive applications from 05/02/2024 to 08/04/2024.
For comprehensive guidance on how to apply for admission into the Regulatory Incubation Program, please visit Read full article
At the 2nd Capital Market Committee Meeting of the year, which took place on Thursday, August 22, 2019, the Report of the FinTech Roadmap Committee of the Nigerian Capital Market was presented to and accepted by the Capital Market community. The Report highlights the current application of FinTech in the market, opportunities, challenges and recommendations.
Stakeholders are hereby invited
INTRODUCTION
Digital assets offerings provide alternative investment opportunities for the investing public; it is therefore essential to ensure that these offerings operate in a manner that is consistent with investor protection, the interest of the public, market integrity and transparency. The general objective of regulation is not to hinder technology or stifle innovation, but to create standard
The Securities and Exchange Commission (SEC) has received several comments and inquiries from the public on a perceived policy conflict between the SEC Statement on Digital Assets and their Classification and Treatment of September 11, 2020 and the Central Bank of Nigeria (CBN) Circular of February 5, 2021. We see no such contr
The Securities and Exchange Commission (SEC) announces the imminent roll-out of the SEC Regulatory Incubation (RI) program for FinTechs operating or seeking to operate in the Nigerian Capital Market.
The Regulatory Incubation (RI) program is designed to address the needs of new business models and processes that require regulatory authorisation to continue carrying out full or ancillary technology-driven C
Please refer to the Securities and Exchange Commission (SEC) circular of June 2021 announcing its Regulatory Incubation (RI) program for FinTech firms operating or seeking to operate in the Nigerian Capital Market. This is to inform you that the portal for submitting applications is now ready to receive applications from C