Nigeria Legalizes Crypto: Cryptocurrency Now Recognized as Asset Class

Nigeria has taken a major step forward in regulating cryptocurrencies. President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, officially recognizing crypto assets as securities. This landmark legislation establishes a legal framework for digital assets within the country. The new law strengthens the Nigerian Securities and Exchange Commission (SEC), giving it full authority to regulate the cryptocurrency industry.