KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation. Approval does not allow KuCoin Nigeria to launch services or onboard users. KuCoin says Nigeria move forms part of its wider global compliance strategy. KuCoin Nigeria has received conditional Approval-in-Principle from Nigeria’s Securities and Exchange Commission for admission into the regulator’s Accelerated Regulatory Incubation Programme, marking another step in the crypto exchange’s wider compliance push. The approval, announced on October 13, remains conditional and does not amount to a final registration, licence, endorsement or recommendation from SEC Nigeria.

Also reported by Crypto Daily.

Source: CoinJournal