Nigeria Has Spoken. The Work Now Begins.
A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)
A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)
The Nigerian financial landscape has reached a defining milestone. On 1 June 2026, the Central Bank of Nigeria (CBN) officially launched the Nigeria Payments System Vision 2028 (PSV 2028) in Abuja FCT. As an organization dedicated to fostering trust, clarity, and innovation, the Virtual Asset Service Providers Association (VASPA) extends its warmest congratulations to … Read more
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.
Abuja FCT, Nigeria — On March 31, 2026, the Central Bank of Nigeria (CBN) issued a press release announcing the commencement of an Anti-Money Laundering, Counter-Financing of Terrorism, and Counter-Proliferation Financing (AML/CFT/CPF) Supervision Pilot for a select group of Virtual Asset Service Providers (VASPs).
Abuja FCT, Nigeria — In a definitive nod to its growing authority and crucial coordinating role within the virtual asset sector, the Virtual Asset Service Providers Association (VASPA) has been officially enlisted by the Nigerian government to be a part of the Virtual Assets Working Group to help steer the country’s ongoing National Risk Assessment (NRA).
Abuja FCT, Nigeria — In a definitive nod to its growing authority and crucial coordinating role within the virtual asset sector, the Virtual Asset Service Providers Association (VASPA) has been officially enlisted by the Nigerian government to be a part of the Virtual Assets Working Group to help steer the country’s ongoing National Risk Assessment (NRA).
The Virtual Asset Service Providers Association (VASPA) is proud to announce that the official window for industry feedback and stakeholder consultation for Project Green-White-Green has officially closed.
To the innovators, advocates, and players who shared their perspectives: Thank you. Your contributions are ensuring that this project isn’t just an initiative for the constructive re-alignment of policy and regulations, but also a catalyst for trust and growth in Nigeria’s emerging virtual asset industry.
In a bold move to end years of “regulation by enforcement” in Nigeria’s digital asset economy and transform the new economy for national development, the Virtual Asset Service Providers Association (VASPA) has launched Project Green-White-Green. This project, which calls for collaboration with stakeholders in the private and public sectors, aims to transition the country’s massive digital asset ecosystem from a state of “regulatory paradox” or operational limbo to a fully integrated pillar of the national economy.
A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)
Abuja FCT, Nigeria — On October 30, 2025, the Virtual Asset Service Providers Association (VASPA) presented an expert working paper, titled “The Path to Clarity—Proposing a Unified Virtual Asset Service Act (VASA) for Responsible Innovation and Adoption in Nigeria” to the House of Representatives’ Ad Hoc Committee on the Economic,
Regulatory and Security Implications of
Cryptocurrency Adoption and POS
Operations in Nigeria.