Nigeria has officially recognized cryptocurrencies as securities under the newly signed Investment and Securities Act (ISA) 2025, ending years of regulatory uncertainty. Signed into law by President Bola Tinubu, the Act brings digital assets under the oversight of the Securities and Exchange Commission (SEC), aligning Nigeria’s financial system with global standards.
Previously, Nigerian crypto traders operated in a legal grey area, relying on peer-to-peer transactions amid restrictive policies. However, as the country emerged as a global leader in crypto adoption, the government shifted its stance. The new law integrates crypto into capital markets, aiming to boost investor confidence, attract international capital, and enhance financial oversight.
SEC Director-General Dr. Emomotimi Agama sees the reform as key to positioning Nigeria as a competitive financial hub. While industry leaders welcome the change, they emphasize the need for a clear roadmap to guide implementation.
With this landmark regulation, Nigeria takes a decisive step toward becoming a crypto innovation hub, paving the way for increased investment, fintech growth, and a more structured digital asset economy.
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