This call was in response to recent concerns raised by the activities of cryptocurrency exchange service providers like Binance, operating in country.
According to a statement signed on Wednesday by President of SiBAN, Obinna Iwuno, the VASP code of conduct, developed in 2022, will foster responsible practices within the digital asset space.
Iwuno said the primary goal of the regulatory framework was to ensure the proper oversight of digital asset service providers, contributing to a more secure and transparent environment for both businesses and consumers.
