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Nigeria's finance minister has urged the country's SEC to address cryptocurrency regulatory challenges

Nigeria's Finance Minister Wale Edun has urged the country's newly formed Securities and Exchange Commission (SEC) board to address the complexities of regulating cryptocurrencies. He stressed the need for strict regulation to preserve the market integrity of capital markets. Edun also stressed the importance of remaining informed and adaptable, especially in fast-moving areas such as artificial intelligence, digital currencies and overall digital transformation. The SEC board, led by Mairiga Katuka, expressed optimism about Nigeria's economic prospects and pledged to drive growth with diligence and integrity.