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Nigeria's SEC Adds Kucoin and GIGX to the ARIP Sandbox, Bringing the Total Number of Regulated Crypto Companies to 9
Svmuu News: On July 2, 2026, the Nigerian Securities and Exchange Commission (SEC) admitted GIGX Technologies and Kucoin Nigeria Limited into its Accelerated Regulatory Incubation Program (ARIP) and granted them Approval-in-Principle (AIP). This approval allows the two companies to operate on a provisional basis under the SEC’s supervision while proceeding with full registration. The SEC stated that ARIP currently oversees a total of nine digital asset companies, and that approval in principle does not equate to full legalization or a blanket authorization for all crypto platforms operating in Nigeria. (Bitcoin.com News).
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