The Nigerian Securities and Exchange Commission (SEC) has granted two local crypto exchanges— Busha Digital Limited and Quidax— “Approval-in-Principle” to begin operations under the Accelerated Regulatory Incubation Program (ARIP), according to an Aug. 29 statement. ARIP was specifically designed to onboard operational firms before the May 2022 release of the Rules on Virtual Asset Service Providers. […]
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Nigerian SEC approves local crypto exchanges in push for digital asset regulation