BDC Operators Send Important Message to SEC as Binance, Kucoin Suspend Naira Trading [Video]

• The Association of Bureaux De Change Operators of Nigeria is seeking to harmonise the peer-to-peer (P2P) forex market
• Abcon president said that Over 34 million Nigerians trade digital currency already, and that figure rises by about 9% a year
• The SEC chairman, however said that new rules had been implemented to enable regional intellectuals to establish digital platforms

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

In order to harmonise the peer-to-peer (P2P) forex market in Nigeria, the Association of Bureaux De Change Operators of Nigeria (ABCON) has requested assistance and direction from the Securities and Exchange Commission (SEC).

ABCON President Alhaji Aminu Gwadabe made the call during a courtesy call with Dr. Emomotimi Agama, the recently appointed Director-General of SEC.

He emphasised that the SEC oversees …