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A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)
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An Exciting Opportunity to Shape Africa’s Virtual Asset Industry
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VASPA
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October 10, 2025
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To make Africa the most business-friendly and trusted market in the global virtual assets industry
- VASPA
Africa’s virtual asset industry is still very much in its infancy stage (at least relatively). And while we are not where we used to be, I believe the potential for growth and development is huge. We can do a lot better, together.
This is why the vision of the Virtual Asset Service Providers Association (VASPA) inspires me. A new all-Africa focused advocacy group, VASPA wants “to make Africa the most business-friendly and trusted market in the global virtual assets industry”.
Also, I believe VASPA’s mission to catalyze Africa’s virtual asset industry by promoting safe, innovative, and inclusive practices is a crucial step towards unlocking the continent’s economic potential. I will work with the Steering Team and other stakeholders to help bridge the gap between the natives and the traditional players.
We will also try to break the common barriers that hinder African markets from working together to address common challenges. We can create a vibrant ecosystem that fosters collaboration, innovation, and growth.
An Inclusive Steering Team
In the coming weeks, I will be working closely with the rest of the members of the Steering Team to expand VASPA’s reach across Africa. First, we are including representatives from across Africa, ensuring that our leadership reflects the diversity of the continent. This expansion will enable us to tap into the expertise and perspectives of industry stakeholders from various regions, further strengthening our advocacy efforts.
If you believe you have what it takes to represent your region in Africa, don’t hesitate to reach out. Also, we are open to collaborating with existing local associations. A link to VASPA’s first X Space talk is shared here https://x.com/i/spaces/1mnGegXDrOrxX
Expanding our Reach
We invite both crypto/blockchain natives and traditional players to become members of VASPA, taking advantage of our one-year free membership offer. This is an excellent opportunity for both individuals and organizations to engage with our growing community, contribute to our mission, and benefit from our advocacy efforts.
A Bright Future for Africa’s Virtual Asset Industry
It’s a privilege to serve as the Executive Chair of VASPA. I am confident that VASPA will play a pivotal role in shaping the future of Africa’s virtual asset industry. With the support of our members, partners, and stakeholders, we can create a thriving ecosystem that promotes innovation, inclusion, and growth.
I look forward to working with our team and the broader industry, including policymakers and regulators, to make a lasting impact on the African continent.
Join us: www.vaspa.org. You’re invited!
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VASPA Appoints Founding Trustee Senator Ihenyen to Chair Newly Created Ecosystem Growth & Advocacy Committee
ABUJA, NIGERIA—July 6, 2026 —The Virtual Asset Service Providers Association (VASPA) formally announces 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 cross-functional...
