Progress

Current status
processing consultation
30 Jun 2025 in force
30 Dec 2024 processing consultation
16 Dec 2024 in consultation
27 Sep 2024 under deliberation

Scope

Implementers
Nigeria
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

30 Jun 2025
in force

Implemented amendment to Rules on Issuance, Offering Platforms and Custody of Digital Assets to expand SEC oversight

On 30 June 2025, the amendments to the Securities and Exchange Commission's (SEC) Digital Assets (DA) Rules come into effect. The rules cover the regulation of digital assets and virtual asset services in the Nigerian capital market. These revisions…

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
30 Dec 2024
processing consultation

Closed consultation on amendment to Rules on Issuance, Offering Platforms and Custody of Digital Assets to expand SEC oversight

On 30 December 2024, the Securities and Exchange Commission (SEC) closes its consultation on amendments to its Digital Assets (DA) Rules, which cover the regulation of digital assets and virtual asset services in the Nigerian capital market. These r…

Source
Event type order
Action type consultation closed
Government branch executive
Government body other regulatory body
16 Dec 2024
in consultation

Opened consultation on amendment to Rules on Issuance, Offering Platforms and Custody of Digital Assets to expand SEC oversight

On 16 December 2024, the Securities and Exchange Commission (SEC) opened a consultation, which closes on 30 December 2024, on amendments to its Digital Assets (DA) Rules, which cover the regulation of digital assets and virtual asset services in the…

Source
Event type order
Action type consultation opened
Government branch executive
Government body other regulatory body
27 Sep 2024
under deliberation

Published amendment to Rules on Issuance, Offering Platforms and Custody of Digital Assets to expand SEC oversight

On 27 September 2024, the Securities and Exchange Commission (SEC) issued amendments to its Digital Assets (DA) Rules, which cover the regulation of digital assets and virtual asset services in the Nigerian capital market. These revisions introduce …

Source
Event type order
Action type drafting
Government branch executive
Government body other regulatory body

We use cookies and other technologies to perform analytics on our website. By opting in, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platform. See our Privacy Policy to learn more about the use of data and your rights.