BICCON COMMENDS SEC NIGERIA FOR MAIDEN ACCELERATED REGULATORY INCUBATION PROGRAM (ARIP) APPROVALS: DESCRIBES IT AS A PROMISING STEP TOWARDS A ROBUST DIGITAL ASSET MARKET IN NIGERIA

The Blockchain Industry Coordinating Committee of Nigeria (BICCON) applauds the Securities and Exchange Commission (SEC) for its recent groundbreaking decision to grant “Approval-in-Principle” to seven blockchain-related firms out of which two are Digital Asset Exchanges, under the Accelerated Regulatory Incubation Program (ARIP). This landmark move marks a watershed moment for Nigeria’s burgeoning digital asset industry, signalling a new era of regulatory support and innovation.