Nigeria Custodial Wallet – Compliant Development
Launch a custodial wallet in Nigeria with compliance controls mapped to SEC Nigeria. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Nigeria · Custodial Wallet
Nigeria's SEC regulates digital asset service providers including exchanges and token platforms.
| Jurisdiction | Nigeria |
|---|---|
| Regulator | SEC Nigeria |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- User identity verification integration
- Secure storage solutions for digital assets
- Compliance reporting tools for regulatory audits
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What compliance features are included in the custodial wallet software?
- The software includes KYC/AML controls, transaction monitoring, and audit logs.
- How does Block Intelligence ensure compliance for custodial wallets?
- We integrate compliance features into the software while legal partners manage the registration process.
- Why is KYC important for custodial wallets?
- KYC is crucial to prevent fraud and comply with SEC Nigeria regulations.