By: Babajide Okeowo
In its continued crackdown against cryptocurrency platforms and a bid to checkmate the manipulation of the local currency value in the foreign exchange market, the Securities and Exchange Commission (SEC) is set to delist the naira from all Peer-to-Peer platforms.
A peer-to-peer (P2P) service is a decentralized platform whereby two individuals interact directly with each other, without intermediation by a third party. Instead, the buyer and the seller transact directly with each other via the P2P service.
