SEC Approves Luno, Koinkoin and 5 Other Crypto Firms in Nigeria

Nigeria’s cryptocurrency regulatory landscape has taken another major step forward as the Securities and Exchange Commission (SEC) granted Approval-in-Principle (AIP) to seven additional digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP). The latest approvals represent the largest expansion of the SEC’s digital asset regulatory sandbox since the programme launched in 2024, bringing the total number of crypto firms that have received AIP under ARIP to at least ni