Nigeria’s crypto ecosystem is experiencing significant growth, thanks to the Securities and Exchange Commission’s (SEC) decision to issue provisional crypto operations licenses to two startups, Busha and Quidax, in August…
Increased adoption is not a surprise to many. In a continent where existing financial infrastructures in many countries are not as smart as the fast-growing, highly mobile and techy African…
At the meeting, Dr. Agama emphasized the importance of consultation, transparency, and integrity in the regulatory process, acknowledging concerns about communication and the need for stakeholder input in regulation-making. He…
he regulations will limit public offers of crypto assets to authorized crypto platforms. Following the publication of its Discussion Paper on the proposed regulations, the FCA issued a statement on…
The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…
The purpose of the Bill is to align Nigeria’s capital market with current developments and strengthen the Securities and Exchange Commission (SEC)’s regulatory framework for “the regulation of securities, collective…
n “Approval in Principle”, according to SEC Nigeria, means “preliminary authorization given to eligible applicants to operate within the confines of the ARIP pending final registration by the Commission.” This…
Nigeria’s Securities and Exchange Commission (SEC Nigeria) has announced its granting of “Approval-in-Principle” to two Digital Assets Exchange (DAX) firms under its Accelerated Regulatory Incubation Program (ARIP).
Finally, a ‘Framework on Accelerated Regulatory Incubation Program (ARIP) for the Onboarding of Virtual Assets Service Providers (VASPs)’ has just been issued by the Securities and Exchange Commission (SEC).
Described as…
The Blockchain Industry Coordinating Committee (BICCON), the intercommunity team in Nigeria’s blockchain industry, has extended an invitation to all digital assets exchange operators, wallet providers, other virtual asset service providers…