Nigeria Needs Regulatory Clarity Before Judicial Training on Crypto

President Bola Tinubu recently urged Nigeria’s judiciary to embrace crypto literacy, highlighting the need for courts to understand blockchain technology in combating financial crimes. However, a leading expert argues that this focus on crypto literacy alone misses a crucial point. Senator Ihenyen, Lead Partner at Infusion Lawyers and Executive Chair of the Virtual Asset Service Providers Association (VASPA), emphasizes that Nigeria’s regulatory framework for digital assets remains inconsistent, hindering both innovation and enforcement.