Nigeria Moves to Monitor $92bn in Offshore Crypto Transactions
Nigeria is moving to oversee $92 billion in offshore crypto flows, aiming to improve regulation and financial transparency. ₿
Pecohub Nigeria has unveiled an ambitious plan to regulate its fast-growing virtual asset market.
The move aims to bring more than $92bn in annual cryptocurrency transactions under formal oversight, boost investor confidence, and widen the tax net.
The proposal, outlined in a new government White Paper, introduces a coordinated regulatory system designed to capture the scale of digital asset activity already embedded in everyday financial transactions.
