Nigeria Recognizes Crypto as Securities, Paving Way for Legal Framework

Nigeria has formally embraced cryptocurrencies within its regulatory framework. President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA) 2025, establishing a legal recognition of digital assets as securities. This groundbreaking move marks the end of years of ambiguity and establishes a clear legal structure for the burgeoning cryptocurrency industry in the country. The act grants the Nigerian Securities and Exchange Commission (SEC) comprehensive authority to oversee the crypto sector. }