Nigeria’s cryptocurrency sector welcomes a proposed bill aiming to crack down on Ponzi scheme operators and fraudulent activities within the financial space. The Investment and Securities Bill (ISB) 2024, introduced by the Nigerian Securities and Exchange Commission (SEC), outlines severe penalties, including a 10-year prison sentence and fines of ₦20 million (approximately $12,000) for offenders. … Continue reading Nigerian Crypto Industry Backs New Bill To Tackle Ponzi Scheme Operators