The Securities and Exchange Commission has announced plans to develop a regulatory framework for stablecoins, aiming to facilitate cross-border trade, payments, and programmable finance in Nigeria’s burgeoning digital asset space.
In a statement made available to newsmen by the commission on Monday, the Director-General of the SEC, Emomotimi Agama, revealed this initiative during his keynote address at the 2025 Decentralised Finance Conference held in Lagos.
He emphasised that the Commission is actively collaborating with developers to co-create a robust regulatory environment for stablecoins, particularly those pegged to the naira.
SEC EYES CROSS-BORDER TRADE WITH STABLECOIN FRAMEWORK
