Wire · regulatory
Nigeria's central bank opens regulatory sandbox for digital assets
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Fusion42 · 17 August 2026 · Fusion42 review
The Central Bank of Nigeria launched its second regulatory sandbox cohort focused on digital assets, including virtual asset service providers, aiming to balance innovation with consumer protection and financial stability. This initiative supports supervised live testing for fintech innovation while addressing cybersecurity risks in Nigeria's rapidly growing digital asset market.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 13 Aug 2026 and 28 Aug 2026.
◆ ◆ The Wire takeaway
You face a new path to market in Nigeria that tests digital asset products under central bank supervision without full licensing. Prepare to engage with this sandbox now to access opportunities while managing regulatory scrutiny.
◆ Coverage
3 sources · first reported 13 Aug 2026 · latest 28 Aug 2026
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