Nigerian SEC license secured by Quidax for digital assets exchange 🚀

Quidax Secures Provisional Operating License in Nigeria 🌍

Quidax, a cryptocurrency exchange founded in Africa, recently obtained a provisional operating license from the Nigerian Securities and Exchange Commission (SEC) to function as a Digital Assets Exchange in the country. This update was shared with Finbold on August 30, marking a significant advancement for Quidax and the Nigerian crypto market.

Commitment to Nigerian Users 🤝

Buchi Okoro, the Co-founder and CEO of Quidax, emphasized the company’s dedication to its Nigerian user base. He highlighted that every decision made by Quidax is centered around ensuring that customers can transact on the platform securely and seamlessly. Okoro commended the SEC, led by Dr. Emomotimi Agama, for implementing measures that enhance order, confidence, and investor protection in the industry.

SEC’s move seen as positive step for the Nigerian crypto market.
Okoro appreciates collaboration between regulators and industry stakeholders.
New license positions Nigeria as a potential leader in crypto regulation.

Collaboration with Financial Institutions 🏦

Following the SEC approval, Quidax is now poised to partner with banks and other financial institutions, pending approval from the Central Bank of Nigeria. This development opens up new opportunities for Quidax to expand its services and reach within the Nigerian crypto market.

Quidax’s email to customers and employees acknowledges their support.
SEC’s approval motivates Quidax to continue innovating in the crypto space.
Focus on maintaining a secure and compliant platform at Quidax.

Hot Take: Embracing Innovation in the Nigerian Crypto Market 🔥

As a crypto enthusiast, you can witness the dynamic growth unfolding in the Nigerian crypto market as Quidax secures its provisional operating license. This achievement not only reflects Quidax’s commitment to its users but also signals a positive shift towards regulatory clarity and investor protection in Nigeria’s crypto industry. Stay tuned for more developments as Quidax continues to drive innovation and compliance within the market!