Quidax has become the first cryptocurrency exchange in Nigeria to receive a provisional operating license from the Securities and Exchange Commission (SEC). This license marks a significant milestone in Nigeria’s efforts to regulate its rapidly growing cryptocurrency sector. With this approval, Quidax is now officially recognised as a Digital Assets Exchange. The decision to give its first license signals the SEC’s formal acknowledgment of cryptocurrencies and the importance of implementing regulatory oversight in the industry. According to Buchi Okoro, co-founder and CEO of Quidax, the compan…