Analysis
SEC Nigeria Cleared 12 Crypto Firms in 2026, Including KuCoin and Yellow Card
The three 2026 circulars that grew the ARIP list from 2 to 14 firms.
The short version: SEC Nigeria cleared 12 more crypto firms for its ARIP programme in 2026: 7 on 2 July, 2 on 3 July (including KuCoin Nigeria Limited) and 3 on 13 August (including Yellow Card) (SEC, SEC, SEC). Before that, the SEC's table listed 2 ARIP participants, Busha and Quidax.
2 July 2026
Bitbarter, Blockvault, GetEquity, KoinKoin, Luno Nigeria, Trovotech, Wrapped CBDC (cNGN) (SEC circular).
3 July 2026
GIGX, KuCoin Nigeria (SEC circular).
13 August 2026
BC Access (Nigeria), Pisi Payments, Yellow Card (SEC press statement).
Global brands among them by name: KuCoin Nigeria Limited, Luno Fintech Nigeria Limited and Yellow Card (YC) Financial Limited. We make no claim about group ownership beyond the names.
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