SEC grants 2 cryptocurrency companies approval

The Securities and Exchange Commission (SEC) has said that it has granted two digital assets exchanges “approval-in-principle” to commence operations under the Accelerated Regulatory Incubation Programme (ARIP).

SEC, in a statement on Thursday, said the companies approved were Busha Digital Limited and Quidax Technologies Limited.

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The commission said the cohort comprised two Digital Asset Exchanges, four Digital Asset Offering Platforms and one Digital Asset Custodian.