SEC Nigeria Releases Statement on Cryptocurrency, Defines “Crypto Assets” as Securities

Virtual Crypto Assets are Securities, unless proven otherwise Issuers or sponsors are expected to satisfy the burden of proving that the virtual assets do not constitute securities by making an initial assessment filing. Crypto Assets are does not have legal tender status in any jurisdiction SEC to regulate crypto-coin or crypto-token investments when the character … Continue reading SEC Nigeria Releases Statement on Cryptocurrency, Defines “Crypto Assets” as Securities