Nigerian SEC warns influencers of new 3 year jail term for promoting ‘unlicensed’ crypto

Oluwapelumi Adejumo

The Nigerian Securities and Exchange Commission (SEC) has rolled out stricter rules targeting influencers promoting crypto-related products without transparency. Under the updated framework, influencers must ensure their crypto clients are licensed by the SEC before endorsing any product or service. Additionally, all promotional content must be clearly labeled as sponsored. Failure to comply will attract […]

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Nigerian SEC warns influencers of new 3 year jail term for promoting ‘unlicensed’ crypto