VASPA Appoints Founding Trustee Senator Ihenyen to Chair Newly Created Ecosystem Growth & Advocacy Committee
ABUJA, NIGERIA—July 5, 2026 —The Virtual Asset Service Providers Association (VASPA) has formally announced the appointment of its Founding Trustee and Lead Partner at Infusion Lawyers, Senator Ihenyen, as the inaugural Chairman of the newly established Ecosystem Growth & Advocacy Committee. This appointment follows a strategic activation of VASPA's recently created committees and working groups as announced last month. The Mandate: Bridging Capital, Banking, and Web3The Ecosystem Growth & Advocacy Committee has been designed as a high-leverage "action room" to accelerate commercial maturity and market integration across the continent. The committee's primary mandate centers on the following: Institutional Frameworks: Directing high-level partnerships between native virtual asset entities and traditional banking, financial, and technology networks and platforms.Trust Architecture: Removing historical frictions to build deep operational trust between operators and traditional financial institutions, including promoting the growth of domestic platforms for global competitiveness.Capital Acceleration: Creating institutional corridors to attract global capital allocators into the African digital asset ecosystem.By positioning a leading innovation lawyer and founding architect at the helm of the committee, VASPA aims to fast-track structural alignment and unlock dormant B2B remittance and liquidity pathways. Perspective from the ChairCommenting on his appointment, Senator Ihenyen highlighted the strategic positioning of the new committee as a bridge for...
