🚨🇳🇬 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.