Let's be honest, when I first saw the headlines about Nigeria's Investment and Securities Act (ISA) 2025 classifying Bitcoin as a security, my heart sank. One more government intervening and killing a short-term play’s long-term home run potential, right? It was the sad, familiar tale, a choking out of innovation...
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...
Nigeria, a country not short on entrepreneurial spirit and home to arguably the most tech-savvy population in Africa, has now just done that. The new Investment and Securities Act (ISA) 2025 weirdly misconstrues Bitcoin as a security. This decision is not merely a regulator’s mistake; it is an overt attack...
Nigeria has a rich and rapidly developing financial scene. The country is at a historic crossroads as it determines how it’s going to treat Bitcoin. The ongoing debate centers around whether to classify Bitcoin as a security or to recognize its potential as an economic lifeline. This ruling has severe...
Let’s face it—the crypto space is intimidating and overwhelming, kind of like the Wild West. Fortunes are made and lost overnight, and the line between legitimate investment and outright scam is incredibly hard to define. What if I told you that Nigeria has a unique opportunity to soon rein in...
The ink is barely dry on Nigeria's new Investments and Securities Act (ISA) 2024, and already a question hangs heavy in the air: is this a step forward into a regulated future, or a gilded cage for the burgeoning crypto industry? President Tinubu has formally classified cryptocurrencies and other digital...
For the first time, Nigeria has given official recognition to cryptocurrency and other virtual assets as securities. Beyond process, even beyond legalese, this decision represents a huge turn in the regulatory tide. Changes in Nigeria’s crypto regulation The new law, the Investment and Securities Act (ISA) 2025, introduces radical changes...
