Insights

Discover insights, opinions, and updates from across Africa’s virtual asset ecosystem. Through thought pieces, news highlights, and expert commentary, we explore the policies, innovations, and people shaping the continent’s digital finance landscape.

The NRS VASP Tax Compliance Gateway (VASP TCG) Registration is Now Open

The Nigeria Revenue Service (NRS) has officially commenced the operationalization of the Nigeria Tax Administration Act, 2025 (NTAA) concerning digital assets. As part of this rollout, the NRS has launched the VASP Tax Compliance Gateway (VASP TCG). This portal serves as the official infrastructure for all Virtual Asset Service Providers (VASPs) to register and report relevant virtual asset transactions. Under Section 25 and the Fifth Schedule of the NTAA, and guided by the July 2026 NRS Guidelines on the Taxation of Virtual Assets, registration on the VASP TCG is a mandatory compliance requirement for all operators. Notably, this new system is designed to allow for applicable taxes to be collected and remitted directly in tokens. In collaboration with the NRS, the Virtual Asset Service Providers Association (VASPA) is mobilizing both our fully onboarded members and the broader ecosystem to begin this registration process. Participating in this framework is a critical step in standardizing virtual asset operations, validating the legitimacy of the digital asset sector to statutory regulators, and sustaining the growth of our digital economy. Resources & Next Steps To ensure a smooth onboarding process for the entire ecosystem, the NRS has provided the following resources (links below): Virtual Asset Compliance Program Overview;NRS...

VASPA Charts a Path with NFIU on Financial Information Sharing

The Virtual Asset Service Providers Association (VASPA) today announced the official release of the Project Green-White-Green (GWG) Whitepaper, a sovereign-focused regulatory framework designed to securely integrate virtual assets into Nigeria’s formal financial ecosystem.

Introducing the VASPA Affiliate Tier – A New Pathway for Ecosystem Collaboration

Following the Virtual Asset Service Providers Association (VASPA) Executive Council meeting on 20 August 2026, the Franklin Peters-led leadership resolved to implement a strategic realignment of our membership structure. Alongside critical discussions on Project Green-White-Green (PGWG), regulatory engagement, media and communications, and Secretariat operations, the Council determined that VASPA must strictly align its membership model with its core mandate as an industry trade body. To that end, we are thrilled to announce the formal introduction of the Affiliate Tier, which will operate alongside our established Corporate Membership and Partnership Tiers. The Affiliate Tier is specifically designed to bring non-commercial ecosystem builders—such as advocacy groups, research institutions, Web3 communities, academic institutions, and policy think-tanks—into the VASPA network. By becoming an Affiliate, eligible organizations can directly collaborate with us to co-develop research, shape industry standards, and advocate for progressive virtual asset frameworks across Africa.  Category: Affiliate Tier (No annual fee applies) Criteria for AffiliationTo qualify for the Affiliate Tier, interested bodies must meet the following criteria:Be a recognized non-commercial ecosystem builder (e.g., advocacy group, research institution, Web3 community, academic institution, or policy think-tank).Demonstrate and document alignment with VASPA’s vision, mission, objectives, and core values.Formally execute a Memorandum of Understanding (MoU) defining specific terms, the...

# FAQs

Answers to Your Most Common Questions

VASPA is the Virtual Asset Service Providers Association, a platform uniting virtual asset stakeholders in Africa to promote trust, innovation, and collaboration in the industry.

Individuals, corporations, and institutions involved in or interested in virtual assets, blockchain, or related fields can join. Membership categories include Expert, Professional, Associate, Corporate, and Institutional.

Members gain access to industry insights, training, networking events, policy advocacy, and a personalized membership dashboard. Benefits vary by membership tier.

Membership fees range from $30/year for Associate members to $5,000/year for Patronship Corporate members. Visit www.vaspa.org for details.

We promote education, global best practices, and policy advocacy to drive safe and innovative blockchain adoption across industries.

Register on our membership subscription page at www.vaspa.org or contact us at info@vaspa.org or +234(0)701 972 4951.