Analysis
14 Crypto Firms Are in Nigeria's SEC Fast-Track Programme. Binance Is Not One of Them
Who SEC Nigeria has admitted into its Accelerated Regulatory Incubation Programme, and which global names are missing.
The short version: 14 crypto firms have been admitted by SEC Nigeria into its Accelerated Regulatory Incubation Programme (ARIP): Busha, Quidax, Bitbarter, Blockvault, GetEquity, KoinKoin, Luno Nigeria, Trovotech, Wrapped CBDC (cNGN), GIGX, KuCoin Nigeria, BC Access (Nigeria), Pisi Payments, Yellow Card (SEC, SEC, SEC, SEC). The SEC's own table names 2 of them, Busha and Quidax, as digital assets exchanges. No company or trading name in these lists carries the name Binance, Bitget, Bybit, Coinbase, Crypto.com, Gate, Kraken, MEXC, OKX.
The ARIP Participants
| Firm | Trading name | Function | ARIP admission |
|---|---|---|---|
| BushaBusha Digital Limited | Busha | Digital assets exchange (per SEC) | listed in SEC table |
| QuidaxQuidax Technologies Limited | Quidax | Digital assets exchange (per SEC) | listed in SEC table |
| BitbarterBitbarter Technologies Limited | Function not stated by the SEC | 2 Jul 2026 | |
| BlockvaultBlockvault Custodian Ltd | BLOCKVAULT | Function not stated by the SEC | 2 Jul 2026 |
| GetEquityGetEquity Limited | Function not stated by the SEC | 2 Jul 2026 | |
| KoinKoinKoinkoin Global Network Limited | Function not stated by the SEC | 2 Jul 2026 | |
| Luno NigeriaLuno Fintech Nigeria Limited | Function not stated by the SEC | 2 Jul 2026 | |
| TrovotechTrovotech Ltd | Trovotech | Function not stated by the SEC | 2 Jul 2026 |
| Wrapped CBDC (cNGN)Wrapped CBDC Ltd | cNGN | Function not stated by the SEC | 2 Jul 2026 |
| GIGXGIGX Technologies | Function not stated by the SEC | 3 Jul 2026 | |
| KuCoin NigeriaKuCoin Nigeria Limited | Function not stated by the SEC | 3 Jul 2026 | |
| BC Access (Nigeria)BC Access (Nigeria) Limited | Function not stated by the SEC | 13 Aug 2026 | |
| Pisi PaymentsPisi Payments Solution Limited | Function not stated by the SEC | 13 Aug 2026 | |
| Yellow CardYellow Card (YC) Financial Limited | Function not stated by the SEC | 13 Aug 2026 |
Company names as listed by the SEC. The SEC table also gives contact details and sponsor names; we do not republish them. Full list.
What This Page Does Not Cover
“Not in the SEC's lists” is not a finding about how a firm serves users in Nigeria. The SEC's “Find a Registered Operator” search and its investor alerts are not read.
Sources
- SEC Nigeria, Registered FinTech Operators www.sec.gov.ng
- SEC circular, 2 Jul 2026 home.sec.gov.ng
- SEC circular, 3 Jul 2026 www.sec.gov.ng
- SEC press statement, 13 Aug 2026 www.sec.gov.ng
- SEC ARIP framework (June 2024) www.sec.gov.ng