Monday, August 24, 2026

SEC Proposes N2Bn Capital Requirement for Digital Asset Providers

Securities and Exchange Commission (SEC) has proposed a N30 million registration fee for digital asset providers operating in Nigeria.

  • Nigeria's SEC has proposed significant registration fees (N30 million) and capital requirements (up to N2 billion) for digital asset providers, including RWA tokenization platforms.
  • The proposed rules aim to regulate various digital asset operations, including exchanges, custodians, and offering platforms, with specific provisions for accelerated regulatory incubation.
  • The SEC also introduced investment caps for retail investors in digital asset offerings and enhanced risk disclosure requirements.

Topics: Legal regulatory, Jurisdictions, Scalability, Licensing issuer obligations, Regulatory sandboxes pilots, Institutional capital inflows

Tags: #sec #nigeria #digitalassetproviders #registrationfee #capitalrequirements #tokenisationplatforms #retailinvestorlimits #regulatoryframework

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