ChainCatcher reported that according to Cointelegraph, the Nigerian SEC has revised its rules on digital asset issuance, issuance platforms, exchanges and custody. In an official notice issued to the public, the SEC outlined its plans to update these important regulations.
As part of this regulatory reform, the 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.
