Nigeria: SEC framework on accelerated regulatory incubation program (ARIP) for the onboarding of Virtual Assets Service Providers (VASPs) and other Digital Investments Service Providers (DISPs)

Progress

Current status
adopted
03 Jul 2024 adopted

Scope

Implementers
Nigeria
Policy Area
Other operating conditions
Policy Instrument
Local operations requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

03 Jul 2024
adopted

Issued SEC framework on accelerated regulatory incubation program (ARIP) for the onboarding of Virtual Assets Service Providers (VASPs) and other Digital Investments Service Providers (DISPs)

On 3 July 2024, the Nigeria Securities and Exchange Commission (SEC) issued its framework for an accelerated regulatory incubation program (ARIP) for the onboarding of Virtual Assets Service Providers (VASPs) and other Digital Investments Service Pr…

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body

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