CBN Opens Second Sandbox for Virtual Assets, Data-Driven Finance
- The Central Bank of Nigeria opened applications for the second cohort of its Regulatory Sandbox Programme, running until August 31, 2026, to test new financial products under supervision.
- The programme features two tracks: the Virtual Asset Service Provider Track for virtual assets and related infrastructure, and the Data-Enabled Financial Services Track for innovations using secure data to improve finance.
- The sandbox allows innovators and regulators to engage during live testing of solutions, promoting regulatory learning and responsible innovation with safeguards to ensure consumer protection and financial system stability.
- Successful applicants will conduct supervised testing but participation does not grant an operating license beyond the approved testing parameters.
16 Articles
16 Articles
CBN opens second sandbox for virtual assets, data-driven finance
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, yesterday opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks for virtual assets and data-enabled financial services. Applications open today and close August 31, 2026, with the programme providing a controlled environment for innovators to test new financial products, […] The post CBN opens second sandbox for virtual assets…
CBN deepens fintech regulation with second sandbox cohort
The CBN opens Cohort 2 of its Regulatory Sandbox Programme, expanding fintech regulation to include virtual assets and data-driven financial services. Appl Read More: https://punchng.com/cbn-deepens-fintech-regulation-with-second-sandbox-cohort/
Call For Application: CBN Cohort 2 Regulatory Sandbox Programme
Call For Application: CBN Cohort 2 Regulatory Sandbox Programme The Central Bank of Nigeria (CBN) has announced the commencement of Cohort 2 of the CBN Regulatory Sandbox Programme, inviting eligible innovators, financial institutions, Virtual Asset Service Providers (VASPs), financial technology companies, and technology companies to apply to participateBuilding on the CBN's commitment to responsible innovation, Cohort 2 introduces two dedicate…
CBN welcomes applications for second cohort of Regulatory Sandbox Programme
The Central Bank of Nigeria (CBN) has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with a new dual-track structure designed to support responsible innovation in virtual assets and data-enabled financial services. The programme, which opens for applications on August 12, 2026 and closes on August 31, 2026, will run under […]
CBN opens regulatory sandbox applications, gives fintechs until August 31 to apply
The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, officially inviting Virtual Asset Service Providers (VASPs), stablecoin startups, and data-driven fintechs to apply. Founders who have spent years building products on the fringe of existing laws now have just three weeks to apply for a spot to test their products legally within Nigeria’s financial ecosystem. Applications for the …
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
