According to Odaily Planet Daily, the Nigerian SEC has revised its rules on digital asset issuance, issuance platforms, exchanges and custody, and outlined its plans to update these important regulations in an official notice to the public. As part of this regulatory reform, the US SEC launched a special compliance program called the 'Accelerated Regulatory Incubation Program' (ARIP). The program is designed for virtual asset service providers (VASPs), and VASPs should complete the application within 30 days from the date of the notice.