Nigeria's SEC raises the capital threshold for digital asset platforms to 2 billion Naira under new regulations.

According to Mars Finance, market sources indicate that the Nigerian Securities and Exchange Commission (SEC) has issued new regulations. Under the new framework, digital asset exchanges and digital asset custody institutions operating trading venues and safeguarding users' digital assets must maintain a minimum capital requirement of 200 million Naira (approximately US$1.4 million), higher than the previous 500 million Naira. For other categories, the minimum capital requirement for Digital Asset Issuance Platforms (DAOPs) and RWA tokenization platforms is 1 billion Naira, while the requirements for digital asset intermediaries and related service institutions range from 300 million to 500 million Naira. The new regulations require relevant institutions to meet these requirements by June 30, 2027, or they may face suspension or revocation of their licenses.