The Nigerian SEC has included Kucoin and GIGX in the ARIP sandbox, increasing the number of regulated companies to 9

On July 2, 2026, the Nigerian Securities and Exchange Commission included GIGX Technologies and Kucoin Nigeria Limited in the Accelerated Regulatory Incubation Program (ARIP) and granted principle approval for AIP. This approval allows GIGX Technologies and Kucoin Nigeria Limited to operate temporarily and proceed with full registration under the supervision of the Nigerian Securities and Exchange Commission. The Nigerian Securities and Exchange Commission stated that ARIP currently regulates 9 digital asset companies, and principle approval does not equate to full legalization or full authorization of all cryptocurrency platforms within Nigeria. （Bitcoin.com News）