Regfyl, a Nigerian fraud detection company, raises $1.1million to expand team and build new compliance product
Regfyl raised $1.1 million in pre-seed funding. Funding led by Rally Cap with participation from Techstars, DCG, and others.
Nigeria’s SEC grants provisional crypto licences to Quidax and Busha
Nigeria's SEC has granted provisional licenses to Quidax and Busha, two digital asset exchanges. The licenses are part of the SEC's Accelerated Regulatory Incubation Program (ARIP).
Nigeria’s SEC says crypto licences not issued yet, to begin in August
Nigeria's SEC denies issuing crypto licenses SEC to issue licenses for digital service and tokenized assets in August
Nigeria’s SEC Rolls Out Plans To Licence Virtual Assets Including Cryptocurrencies
Nigeria's SEC plans to license cryptocurrency providers to tap opportunities and protect investors. The SEC aims to prevent the use of cryptocurrency to manipulate the country's currency.
SEC mandates Nigerian offices for virtual asset companies under new regulation
SEC orders all VASPs, including cryptocurrency companies, to establish offices in Nigeria as part of the eligibility requirement under ARIP. The initiative aims to accelerate VASPs' registration and onboarding for the new Digital Assets Rules, emphasizing compliance and investor protection.
