Nigeria Recognizes Bitcoin as Securities Under New Investment Law

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AI Summary

Nigeria's new Investment and Securities Act classifies Bitcoin as a security, reflecting the growing recognition of digital assets as legitimate investments and signaling a more progressive regulatory approach in the country.

According to PANews, Nigerian President Tinubu has signed the 2025 Investment and Securities Act, officially recognizing Bitcoin and other digital assets as securities. This new legislation replaces the 2007 Investment and Securities Act, aiming to update the regulatory framework of Nigeria's capital markets to address current economic realities and long-term challenges.

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Nigeria Recognizes Bitcoin as Securities Under New Investment Law

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