The Economy 
The Securities and Exchange Commission (SEC) is set to launch the ‘Crypto Smart, Nigeria Strong’ initiative, aimed at engaging developers in co-creating a framework for stablecoin regulations.
The ‘Crypto Smart, Nigeria Strong’ initiative will teach young investors across schools, universities, and social media platforms about basic blockchain principles, how to spot scams, and the value of long-term investing.
According to Nairametric, This move is part of the commission’s efforts to attract credible players, enhance investor education, and improve digital literacy in the digital assets space.
This was disclosed by the Director-General of the SEC, Emomotimi Agama, in Lagos.
“SEC is launching a Crypto Smart, Nigeria Strong initiative, targeting young investors across schools, universities, and social media, teaching,” the DG said.
“It aims to cover basic blockchain principles, how to spot scams, and the value of long-term investing.”
By doing so, the SEC aims to promote responsible innovation and protect investors in the digital assets ecosystem.
“The future of Nigeria’s digital assets ecosystem depends on three pillars: Collaboration, Innovation, and Trust. The road we see ahead is regulatory evolution through an expanded licensing regime. We are enhancing our licensing architecture to make it more efficient, more transparent, and more risk-based,” Agama said.
