The Director General of the Securities and Exchange Commission (SEC) Nigeria, Emomotimi Agama, has forecast that digital assets could present a $10 trillion opportunity by 2030, calling for an aggressive embrace of innovation in capital markets while implementing safeguards to manage related risks.
“With our young, tech-savvy populations, Africa and the Middle East must lead — not follow,” Agama said.
He noted that through the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions (IOSCO), the region will work to establish clear stable-coin regulations, frameworks for tokenized securities, investor protection standards for crypto assets, and ensure innovation is balanced with stability to keep markets dynamic and secure.
Agama made these remarks after his election as Vice Chairman of AMERC, a role that also grants him a seat on the IOSCO Board, the highest decision-making body of the global securities regulatory organisation, until 2026.
IOSCO is recognised as the world’s leading international policy forum for securities regulators, with members overseeing more than 95 percent of global securities markets in over 100 jurisdictions.
