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🚨🇳🇬 NIGERIA #OFFICIALLY CLASSIFIES BITCOIN AND DIGITAL ASSETS AS SECURITIES.
🔹Nigeria's President Tinubu #signed the Investment and Securities #Act 2025, recognizing Bitcoin and other digital assets as securities.
🔹The Nigerian SEC gains authority to regulate VASPs, DAOPs, and DAEs.
🔹The bill also targets Ponzi schemes, imposing fines and prison sentences for violators.
🔹This move provides clearer regulation, easing future adjustments as the industry grows.
Nigeria’s first legal framework for Bitcoin could shape the future of digital asset regulation in Africa.
$BTC $ETH $XRP
🔹Nigeria's President Tinubu #signed the Investment and Securities #Act 2025, recognizing Bitcoin and other digital assets as securities.
🔹The Nigerian SEC gains authority to regulate VASPs, DAOPs, and DAEs.
🔹The bill also targets Ponzi schemes, imposing fines and prison sentences for violators.
🔹This move provides clearer regulation, easing future adjustments as the industry grows.
Nigeria’s first legal framework for Bitcoin could shape the future of digital asset regulation in Africa.
$BTC $ETH $XRP
🚨🇳🇬NIGERIA TARGETS CBEX PROMOTERS
🔹Nigerian court approves arrest of 6 individuals tied to Crypto Bridge Exchange (CBEX)
🔹Accused of defrauding investors of ₦1B ($620K) via fake crypto investment ads
🔹Operated through ST Technologies International Ltd
🔹Investors looted CBEX’s Ibadan office after withdrawal issues
🔹Part of Nigeria's ongoing crackdown — Binance case still active
#CBEX #ScamAlert #Binance
-Cointelegraph | The Cable$ETH $SOL $BNB
🔹Nigerian court approves arrest of 6 individuals tied to Crypto Bridge Exchange (CBEX)
🔹Accused of defrauding investors of ₦1B ($620K) via fake crypto investment ads
🔹Operated through ST Technologies International Ltd
🔹Investors looted CBEX’s Ibadan office after withdrawal issues
🔹Part of Nigeria's ongoing crackdown — Binance case still active
#CBEX #ScamAlert #Binance
-Cointelegraph | The Cable$ETH $SOL $BNB
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