The Nigerian Securities and Exchange Commission (SEC) is considering the use of blockchain technology to improve trust in capital markets. Director-General Emomotimi Agama stated that blockchain has the potential to bridge the trust gap between issuers and investors and provide secure and transparent transaction processing. This move by the SEC aligns with Nigeria's broader adoption of blockchain technology, as the government has implemented a blockchain adoption policy and committed to training individuals on blockchain technology. Agama also emphasized the importance of collaboration among stakeholders to develop innovative financial products and enhance disclosure standards and corporate governance practices.
- Content Editor ( news.bitcoin.com )
- 2024-12-11
Nigeria's Blockchain Boost: SEC Explores Tech to Revolutionize Capital Markets