Nigeria's Dual Crypto Regulators Tighten the Screws in 48 Hours

Nigeria's two financial regulators moved within 48 hours to install comprehensive surveillance infrastructure for the country's crypto ecosystem, creating what may become the most scrutinised digital asset market in Africa. The SEC proposed rules on Thursday requiring all crypto businesses targeting Nigerians—including offshore exchanges and custodians—to register, while the Central Bank announced plans to run observer nodes on blockchain networks to monitor stablecoin...