Blockchain.com Admitted into Nigerian Regulatory Sandbox
Blockchain.com has been admitted into Nigeria's Securities and Exchange Commission (SEC) Accelerated Regulatory Incubation Programme (ARIP). This marks a significant step in the company's long-term commitment to Nigeria and its broader expansion across Africa.
Nigeria is one of Africa's most important digital asset markets, where crypto plays an increasingly practical role in how people access, hold, and move value. The admission indicates that Blockchain has satisfied SEC's initial requirements and is authorized to operate within a defined sandbox scope, subject to ongoing compliance obligations, testing parameters, and regulatory conditions.
General Manager for Africa at Blockchain, Owen Odia, said, 'Nigeria is one of Africa's most important digital asset markets... Participating in the SEC's ARIP is an important step forward in our long-term commitment to the country.'
Blockchain.com has secured several formal licenses and registrations globally, including those from the UK Financial Conduct Authority (FCA), EU Markets in Crypto-Assets (MiCA), and Cayman Islands Monetary Authority (CIMA). The company's participation in ARIP builds on this experience, bringing global standards in compliance, security, and consumer protection to its local operations.