SEC Grants Approval-in-Principle to Seven Crypto Firms Under Nigeria’s Regulatory Sandbox

Nigeria’s Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), marking another significant step in the country’s efforts to establish a regulated and transparent cryptocurrency ecosystem. The latest approvals expand the number of crypto and blockchain firms operating within the SEC’s regulatory sandbox,…