Nigeria Recognizes Crypto Under Securities Law

[chainsniff]

In April 2025, Nigeria formally recognized crypto assets under the Investment and Securities Act (ISA) — defining them as securities overseen by the SEC.
The new law sets out licensing rules for exchanges and service providers while aiming to balance innovation with consumer protection.
Despite past tensions — including legal disputes involving Binance — regulators say they’re “open for business.”
Nigeria remains one of Africa’s most active crypto markets, driving both retail and institutional participation.

[JanEmil]

So many from Nigeria work with crypto