Tag: capital market

Nigeria's New Capital Market Law Muddies Waters for Bitcoin Amidst Crypto Boom

Nigeria's New Capital Market Law Muddies Waters for Bitcoin Amidst Crypto Boom

Nigeria, a nation ranking second globally in cryptocurrency adoption, faces a pivotal moment as its new Investment and Securities Act (ISA) 2025 misclassifies Bitcoin as a security. This decision comes at a time of unprecedented cryptocurrency movements. Between July 2023 and June 2024, the nation experienced a staggering $125 billion...