Nigeria Takes a Giant Leap: Bitcoin Officially Recognized as Security

In a landmark move, Nigeria has officially recognized Bitcoin as a security under the Investment and Securities Act 2025, signed by President Bola Ahmed Tinubu. This legislation marks a significant shift in the country’s approach to cryptocurrencies, aiming to unlock institutional investment and protect investors. The act replaces previous laws and integrates digital assets into Nigeria’s regulatory framework as securities. The Nigerian Securities and Exchange Commission (SEC) now holds jurisdiction over these assets. This bold step seeks to solidify regulatory clarity within one of Africa’s leading crypto hubs, paving the way for a more stable environment for institutional investors.