2026-07-03
The Securities and Exchange Commission of Nigeria has granted Approval-in-Principle to GIGX Technologies and KuCoin Nigeria Limited for admission into the Accelerated Regulatory Incubation Programme. This conditional approval permits the entities to operate within a controlled regulatory sandbox to demonstrate compliance with investor protection and market integrity safeguards. The Commission emphasizes that this status is not a final license and urges the public to verify the regulatory standing of any investment service providers before engagement.