KuCoin Nigeria gains conditional approval from Nigeria’s SEC
Nigeria ranks third in Chainalysis’ 2026 crypto adoption index, behind Brazil and the US. The approval is not a licence, and KuCoin Nigeria cannot yet serve Nigerian customers.
Via TNW | Contributed
KuCoin Nigeria Limited has received conditional Approval-in-Principle (AIP) from the Securities and Exchange Commission, Nigeria (SEC Nigeria), for admission into its Accelerated Regulatory Incubation Programme (ARIP). It advances the exchange’s efforts to establish a regulated presence in one of Africa’s most active digital asset markets.
According to Chainalysis’ 2026 Global Crypto Adoption Index, Nigeria ranks third worldwide in overall cryptocurrency adoption. It ranks behind Brazil and the United States.
The country also leads in domestic peer-to-peer cryptocurrency activity and cross-border…
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