Nigeria wants crypto firms to lock up 80% of customer assets offline
The rules are aimed at strengthening investor protection and reducing the risk that customers lose access to their assets when a digital asset company fails. The stakes are high in a market where the collapse or failure of a platform can leave customers unable to access their money, with little clarity on when—or whether—they will be repaid.
We haven't written up this one. TechCabal has the full story — the link below goes straight to it.