BlockBeats reported that on September 11, CoinDesk reported that the Nigerian Securities and Exchange Commission (SEC) plans to take enforcement action against unregulated crypto companies.
The Nigerian Securities and Exchange Commission (SEC) wants to send a clear message to companies that do not operate in compliance with regulations that they will not be allowed to target citizens of the country, the agency’s director-general, Emomotimi Agama, said in a statement on Sunday.
“We will certainly take enforcement action against companies that want to operate in this market without any intention of being regulated,” Agama said.
