Techub News reports that, according to TechCabal, the Nigerian Securities and Exchange Commission (SEC) has issued new regulations, raising the minimum capital requirements for digital asset exchanges and custodial institutions to 2 billion Naira, significantly higher than the previous 500 million Naira, and above the previously discussed 1 billion Naira plan.



The new regulations also set thresholds for other categories, with digital asset issuance platforms (DAOP) and RWA tokenization platforms required to have a minimum capital of 1 billion Naira, while digital asset intermediaries and related service providers are required to have capital ranging from 300 million to 500 million Naira.

The SEC requires relevant institutions to meet these new standards by June 30, 2027, or they may face penalties such as suspension or revocation of licenses.
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