ChainCatcher news, according to The Block, the African cryptocurrency exchange Quidax has announced that it has become the first cryptocurrency exchange to obtain a temporary operating license for digital asset exchanges issued by the Nigerian Securities and Exchange Commission (SEC).It is reported that Quidax operates as a registered cryptocurrency exchange in Nigeria, as the country begins to formally recognize and urgently regulate the cryptocurrency industry.

ChainCatcher news, according to Cointelegraph, the Nigerian Securities and Exchange Commission (SEC) has issued the first temporary operating license to the African cryptocurrency exchange Quidax, marking a milestone for Nigeria's burgeoning cryptocurrency industry. This key development signifies that the country's digital asset sector is beginning to receive formal recognition and much-needed regulatory oversight.