Nigeria / Firms / Wrapped CBDC (cNGN)
Wrapped CBDC (cNGN)
Wrapped CBDC (cNGN): admitted by SEC Nigeria into its Accelerated Regulatory Incubation Programme (Approval-in-Principle, not a final licence).
- Status
- ARIP participant (SEC Approval-in-Principle) · checked 22 Oct 2026
Under the ARIP framework, VASPs get an Approval-in-Principle pending final registration by the SEC. - SEC circular
- On 2 Jul 2026 the SEC cleared Wrapped CBDC Ltd for admission into ARIP; admitted entities receive an Approval-in-Principle, which the SEC says is not a final licence. SEC circular, 2 Jul 2026 official
- SEC Regulatory Incubation
- Wrapped CBDC Ltd (trading name cNGN) is listed among the SEC's Regulatory Incubation participants: Digital Asset (Stablecoin) Offering, institution type VASP, test period 29th August 2024 – 28th August 2025, Cohort 002/24 Participant. SEC Nigeria, Registered FinTech Operators (FinPort) official
- Type
- Function not stated by the SEC (Type)
- Public statement
- Not applicable.
History
- Cleared by the SEC for admission into ARIP (Approval-in-Principle). — sec.gov.ng official
Read More
- 14 Crypto Firms Are in Nigeria's SEC Fast-Track Programme. Binance Is Not One of Them
- An SEC Nigeria Approval-in-Principle Is Not a Crypto Licence
Cite This Page
VASP Tracker, “Wrapped CBDC (cNGN): SEC Nigeria Crypto Status (ARIP)”, https://vasptracker.com/en/ng/platforms/wrapped-cbdc-cngn/ (accessed 22 Oct 2026). CC BY 4.0.Found an error? Report it · Corrections