Nigeria Officially Recognizes Cryptocurrencies as Securities

Nigeria has taken a significant step forward in the world of cryptocurrencies by officially classifying them as securities under its new SEC Act 2025. This groundbreaking legislation establishes a comprehensive regulatory framework for digital assets, aiming to enhance investor protection and market integrity within the country’s burgeoning crypto space. Industry experts believe this move will attract more investments into the cryptocurrency sector. This recognition aligns Nigeria with global trends in cryptocurrency regulation and sets an example for other nations navigating the complexities of this new industry.