Nigeria: 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)

Description

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…

Scope

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

Complete timeline of this policy change

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2024-07-03
adopted

On 3 July 2024, the Nigeria Securities and Exchange Commission (SEC) issued its framework for an ac…