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SEC reacts to crash of CBEX

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By Chioma Obinagwam

Nigeria’s Securities and Exchange Commission (SEC), has reacted to the crash of CBEX (Crypto Bridge Exchange).

Confiance News gathered from an official statement it issued on the official X handle of the Commission.

It said: “The Commission hereby clarifies that neither CBEX nor its affiliates were granted registration by the Commission at any time to operate as a Digital Assets Exchange, solicit investments from the public or perform any other function within the Nigerian capital market.”

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