Nigeria: Implemented amendment to Rules on Issuance, Offering Platforms and Custody of Digital Assets to expand SEC oversight
Description
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…
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
Hide details
2024-09-27
under deliberation
2024-12-16
in consultation
2024-12-30
processing consultation