KuCoin Nigeria gains conditional approval from Nigeria's SEC

KuCoin Nigeria Limited has received conditional Approval-in-Principle (AIP) from Nigeria's SEC for admission into its Accelerated Regulatory Incubation Programme (ARIP). The approval is not a licence and does not authorise the company to begin operations or onboard customers. Nigeria ranks third globally in crypto adoption, per Chainalysis' 2026 index.

• Nigeria's SEC granted KuCoin Nigeria conditional approval under the ARIP programme
• The AIP does not permit operations or customer onboarding in Nigeria
• Nigeria ranks third worldwide in crypto adoption, behind Brazil and the US
• KuCoin also operates in Australia via Axis One Markets Pty Ltd