CBN Commences Pilot Programme on Flutterwave, Paystack, Others to Strengthen Virtual Asset Oversight

CBN commences pilot programme on Flutterwave, Paystack, others to strengthen virtual asset oversight

According to the apex bank, the pilot forms part of the Bank’s risk-based supervisory programme and supports ongoing efforts to strengthen financial system stability and market integrity oversight of virtual asset-related activities within the CBN’s mandate. The post CBN commences pilot programme on Flutterwave, Paystack, others to strengthen virtual asset oversight appeared first on Premium Times Nigeria.

Central Bank of Nigeria Selects Six Entities for New Virtual Asset Pilot

The Nigerian central bank has launched a pilot program to supervise anti‑money laundering and counter‑terrorism financing compliance among crypto and fintech firms. Six VASPs Tapped for New Supervisory Pilot The Central Bank of Nigeria has officially launched an anti-money laundering and counter-financing of terrorism supervisory pilot program. The new pilot is designed to align Nigeria […]

Flutterwave, Paystack, KuCoin… CBN selects six firms for pilot crypto supervisory programme

The Central Bank of Nigeria (CBN) says it has commenced a pilot supervision programme for virtual asset service providers (VASPs) as part of efforts to strengthen oversight of anti-money laundering (AML) and counter-terrorism financing risks in the financial system.   In a statement dated March 31, the apex bank said the initiative is part of its enhanced anti-money laundering, counter-financing of terrorism, and counter-proliferation financing …

Flutterwave, Paystack among 6 companies CBN is supervising as Virtual Asset Providers

The CBN has launched an AML/CFT supervision pilot for six virtual asset service providers. Two of them are Flutterwave and Paystack. That choice tells you more than the press release does. On March 31, 2026, the Central Bank of Nigeria published a press release announcing the commencement of an AML/CFT/CPF Supervision Pilot for a select group of virtual asset service providers. The six entities named in the first phase are cNGN, Flutterwave, Jui…

Flutterwave, Paystack, and Juicyway join CBN initiative targeting AML/CFT/CPF compliance

The CBN has launched a pilot programme to help fintechs like Flutterwave and Paystack strengthen AML/CFT/CPF frameworks, including FATF Recommendations 15 and 16 for virtual asset compliance.

CBN launches crypto AML pilot, names Flutterwave, Paystack

The Central Bank of Nigeria (CBN) is tightening its grip on virtual asset activity by commencing an Anti-Money Laundering, Counter-Financing of Terrorism, and Counter-Proliferation Financing (AML/CFT/CPF) supervision pilot, involving a select group of Virtual Asset Service Providers (VASPs). In a directive dated March 31, the apex bank stated that the pilot forms part of its risk-based supervisory programme. It added that it supports ongoing eff…