KuCoin joins Nigeria’s CBN pilot as the only global crypto exchange selected.
The initiative targets AML, CFT, and stronger oversight of digital asset firms.
Nigeria deepens crypto regulation while balancing innovation and compliance.
KuCoin has been selected as the only global crypto exchange to participate in a new supervisory pilot program launched by the Central Bank of Nigeria (CBN). The initiative targets Virtual Asset Service Providers (VASPs) and aims to strengthen oversight of Nigeria’s digital asset sector.
The pilot cohort includes a mix of regional fintech and digital asset firms. Meanwhile, KuCoin stands out as the sole international exchange involved at this stage.
Strengthening AML and Compliance Oversight
The program addresses financial crime risks by enhancing compliance frameworks across the industry. Key focus areas include Anti-Money L…
Read The Full Article KuCoin Selected as Sole Global Exchange in Nigeria CBN Crypto Pilot On Coin Edition.