Nigeria usually ranks among the top countries in terms of crypto adoption. The country that instructed banks and other financial institutions to avoid using, holding, or transacting virtual assets in 2017 has now built a regulatory framework to consider crypto as securities in 2025. Individuals can now use crypto as money to buy goods and services while complying with the Nigerian rules related to digital assets.
Crypto Regulations in Nigeria 2025
June 30, 2025 – Enforcement of SEC Regulations for VASP
- Virtual asset service providers are required…
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