Blockchain.com Enters Nigeria’s SEC Regulatory Sandbox

Participation in the program requires the company to meet strict compliance obligations and testing parameters set by the commission. By working directly with regulators, Blockchain.com aims to help shape the long-term framework for digital assets in the region while aligning its local services with established investor protection and anti-money laundering standards. Owen Odia, the company’s General Manager for Africa, described the partnership as a vital step in bringing global experience to the Nigerian market.

This development follows a series of international regulatory milestones for the firm, which recently secured registrations with the UK Financial Conduct Authority and authorization under the European Union’s MiCA framework. For Nigeria, the initiative serves as a primary mechanism to evaluate emerging business models and mitigate risks associated with virtual asset services. The collaboration provides a clear, authorized pathway for the firm to scale its presence in what remains one of the continent’s most active hubs for digital finance.