Nigeria to mandate local offices, leadership for crypto firms seeking license under new regime

Assad Jafri

The Securities and Exchange Commission (SEC) of Nigeria has introduced stringent guidelines for Virtual Asset Service Providers (VASPs) to establish a local office in Nigeria as part of its new regulatory incubation framework. Additionally, the guidelines — detailed in the recently released “SEC Regulatory Incubation Guidelines” — mandate that all fintech entrepreneurs, particularly those involved […]

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Nigeria to mandate local offices, leadership for crypto firms seeking license under new regime