šØš³š¬ NIGERIA
#OFFICIALLY CLASSIFIES BITCOIN AND DIGITAL ASSETS AS SECURITIES.
š¹Nigeria's President Tinubu
#signed the Investment and Securities
#Act 2025, recognizing Bitcoin and other digital assets as securities.
š¹The Nigerian SEC gains authority to regulate VASPs, DAOPs, and DAEs.
š¹The bill also targets Ponzi schemes, imposing fines and prison sentences for violators.
š¹This move provides clearer regulation, easing future adjustments as the industry grows.
Nigeriaās first legal framework for Bitcoin could shape the future of digital asset regulation in Africa.
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