Description

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 …

Scope

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

Complete timeline of this policy change

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2024-09-27
under deliberation

On 27 September 2024, the Securities and Exchange Commission (SEC) issued amendments to its Digital…

2024-12-16
in consultation

On 16 December 2024, the Securities and Exchange Commission (SEC) opened a consultation, which clos…

2024-12-30
processing consultation

On 30 December 2024, the Securities and Exchange Commission (SEC) closes its consultation on amendm…

2025-06-30
in force

On 30 June 2025, the amendments to the Securities and Exchange Commission's (SEC) Digital Assets (D…