Nigeria SEC teams with Cambridge and Busha on crypto course, while slow progress leaves provisional licence holders awaiting full approval.
One year after issuing its first provisional crypto licences, Nigeria’s Securities and Exchange Commission (SEC) is partnering with Cambridge Enterprise and crypto startup Busha to launch a six-week executive programme on digital assets.
The course, “Digital Assets Innovation, Industry, Regulation and Compliance (DAIIRC),” begins September 30 and targets regulators, banks, policymakers, and compliance leaders. “This partnership reflects our commitment to equipping regulators and market leaders with tools to engage confidently with digital assets,” said SEC Director General Dr. Emomotimi Agama.
But despite growing adoption, progress on licences has been slow. Startups Busha and Quidax remain in the sandbox as SEC refines due diligence and compliance standards. Banking hesitancy persists, with the Central Bank yet to fully endorse crypto transactions.
The regulator is expected to issue new provisional licences later this year, while the Cambridge-led course signals intent to build institutional capacity for long-term regulation.
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