PANews|Jan 18, 2026 02:05
[Nigerian SEC New Regulation: Capital Threshold for Digital Asset Platforms Raised to 2 Billion Naira]
According to TechCabal, the Nigerian Securities and Exchange Commission (SEC) has issued new regulations. Under the new framework, digital asset exchanges and digital asset custodians that operate trading platforms and safeguard users' digital assets must maintain a minimum capital requirement of 2 billion Naira (approximately $1.4 million), up from the previous 500 million Naira. For other categories, the minimum capital requirement for Digital Asset Offering Platforms (DAOP) and RWA tokenization platforms is set at 1 billion Naira, while digital asset intermediaries and related service providers are required to maintain between 300 million and 500 million Naira. The new regulations mandate that relevant institutions must meet these requirements by June 30, 2027, or risk suspension or revocation of their licenses.
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