2026-01-18 01:21:29

The Nigerian Securities and Exchange Commission has recently taken significant action—raising the minimum capital requirements for digital asset exchanges and custodial service providers by four times. The requirement was increased from the previous 500 million Naira to 2 billion Naira (approximately $1.4 million), which is indeed a substantial adjustment.

Interestingly, this figure is higher than the 1 billion Naira plan that was discussed but ultimately abandoned. It appears that regulators are increasingly strict about risk management for exchanges.

In addition to exchanges and custodial institutions, other categories have also introduced new regulations. The minimum capital requirement for Digital Asset Offering Platforms (DAOP) and RWA tokenization platforms has been set at 1 billion Naira. This round of policy adjustments covers a wide range of areas within the digital asset ecosystem.

This reflects the ongoing upgrade in compliance requirements for crypto market participants by regulators across different regions—higher capital thresholds mean stronger risk resistance, and may also accelerate market reshuffling. Smaller players will face greater pressure, which is a typical sign of tightening regulation.

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JustAnotherWallet

· 2h ago

Nigeria's move is incredible, directly quadrupling... Small traders are crying to death from their gains. Regulators are flexing their muscles again, and now the threshold is even more outrageous. Starting at 2 billion Naira? If you really want to play, you need to have money. Here comes the rhythm of cutting leeks again; this regulation is getting fiercer and fiercer. Small platforms are having a hard time now; market reshuffling is inevitable. Capital demands doubling; retail exchanges are going to cool off? Is this the price of normalization? Or are they trying to push everyone out?

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LuckyHashValue

· 14h ago

Here we go again, Nigeria's wave directly doubles four times? Small exchanges are probably going to be forced out collectively. Life is getting harder for small players, with the threshold raised, there's no way out. 200 million Naira, how long does it take to raise that... Regulation's destructive power is indeed significant; the reshuffle is about to begin. That's why large platforms are becoming more popular, and the oligopoly pattern is becoming more obvious.

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ProofOfNothing

· 14h ago

Nigeria is really aggressive, doubling directly four times... Small exchanges are probably going to be pushed out.

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OptionWhisperer

· 14h ago

Nigeria's move is really brilliant, directly quadrupling... How can small exchanges survive?

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TokenVelocity

· 14h ago

This move in Nigeria has directly frozen small exchanges. Who can handle the fourfold increase in capital requirements... It seems that all countries are doing the same, and as regulations tighten, the ecosystem begins to reshuffle.

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TopEscapeArtist

· 14h ago

The bearish signal is so obvious, the capital threshold directly quadruples? This is a classic head and shoulders top pattern... Small exchanges are probably going to cut losses and exit.

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StablecoinSkeptic