Nigeria has taken a significant step in cryptocurrency regulation by signing the Investments and Securities Act (ISA) 2025. The new law establishes clear rules for digital assets and strengthens SEC's powers.
A Long-Awaited Recognition
With the passage of ISA 2025, cryptocurrencies are officially recognized as an asset class. The previous regulatory uncertainty is now replaced by a clear legal foundation for digital assets.
SEC Nigeria's Role in Cryptocurrency Regulation
The SEC now has the authority to regulate the cryptocurrency sector. SEC Director-General Emomotimi Agama emphasized that the new law will enhance investor protection and attract investments.
Impact of ISA 2025 on the Cryptocurrency Market
The changes are expected to attract venture capital firms and create new job opportunities in the country. The law also enhances financial inclusion, especially in times of inflation.
ISA 2025 signifies Nigeria's shift towards structured cryptocurrency regulation, opening new opportunities for development, legitimacy, and growth in the sector.
