Crypto startups in licencing limbo as Nigeria moves forward with taxes
More than a year since Nigeria’s Securities and Exchange Commission (SEC) issued its first provisional crypto licences under its regulatory sandbox programme, the regulator has yet to move to the next phase of approvals. Only two crypto exchanges, Quidax and Busha, received provisional licences in August 2024, despite earlier promises to transition them into full regulatory regimes within a year.
https://techcabal.com/2025/11/06/crypto-licence-freeze-is-frustrating-industry-operators/' target='_blank'>Read Full Story
Crypto startups in licencing limbo as Nigeria moves forward with taxes
More than a year since Nigeria’s Securities and Exchange Commission (SEC) issued its first provisional crypto licences under its regulatory sandbox programme, the regulator has yet to move to the next phase of approvals. Only two crypto exchanges, Quidax and Busha, received provisional licences in August 2024, despite earlier promises to transition them into full regulatory regimes within a year.
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