[KuCoin Selected for Nigerian Central Bank's Virtual Asset Regulatory Pilot as the Only Global Exchange in the Program] Odaily Planet Daily News – The Central Bank of Nigeria (CBN) has recently launched a regulatory pilot program for Virtual Asset Service Providers (VASPs). The first batch of participating institutions includes several regional fintech and digital asset companies, with KuCoin being the only global exchange selected. The pilot program focuses on compliance in areas such as Anti-Money Laundering (AML), Counter-Terrorism Financing (CFT), and Counter-Proliferation Financing (CPF). Its aim is to strengthen risk management and regulatory capabilities within the digital asset industry while aligning with international standards such as those set by the Financial Action Task Force (FATF). As part of the program, participating institutions are required to engage in structured regulatory communication, submit regulatory data regularly, and advance compliance practices in key areas such as corporate governance, transaction monitoring, sanctions screening, and the "Travel Rule" for cross-border transactions. KuCoin CEO BC Wong stated that constructive regulatory dialogue is a critical foundation for the long-term sustainable development of the digital asset industry. The company will continue to enhance communication and cooperation with global regulatory bodies to promote transparency and improve risk management capabilities.