Virtual Asset Service Providers (VASPs) To Comply With Nigeria’s New Regulations Within 30 Days

The Nigerian Securities and Exchange Commission (SEC) has released new regulations geared to Virtual Asset Service Providers (VASPs). An amendment of the Rules on Digital Assets Issuance, Offering Platforms, Exchange, and Custody, issued in May 2022, the SEC has now introduced the Accelerated Regulatory Incubation Program (ARIP). It comes with the appointment of the SEC’s