SEC NIGERIA TALKING ABOUT START-UPS IN NIGERIA. The Securities and Exchange Commission of Nigeria.
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(SEC) is working towards setting up a Regulatory Sandbox that will offer a ‘safe space’ for start-ups.
They can test innovative products, services, business models and delivery mechanisms relating to the capital market in a live environment. And without immediately satisfying all the necessary regulatory requirements.
If you are a business or individual (registered or planning to register with SEC) that plans to launch such innovation— you are requested to fill the questions contained in this form to enable the SEC provide guidance to the tester on regulatory requirements (if any).
It was gathered that the SEC Nigeria is working on encouraging and supporting start-ups and infant industries. This will help the country’s entrepreneur initiatives and growth.
The law equally will encourage start-ups endeared towards the economic growth of the countries and not affecting any law.
The Cryptocurrency start-ups equally will be benefiting from this support. Though the country is yet to put any regulations concerning Cryptocurrency.