Policy Reference

Nigeria

Explore Nigeria’s crypto laws, including SEC rules, exchange oversight, taxes, AML compliance, and digital asset regulation.

Securities and Exchange Commission Nigeria (SEC)
Status
Topic
Law Type
Asset Class

Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Nigeria SEC Digital Asset Issuance, Platform and Custody Rules SEC Nigeria Rules dated 11 May 2022 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Rules on Issuance, Offering Platforms and Custody of Digital Assets

Nigeria SEC rules for digital asset securities, DAOPs, DACs, VASPs and DAXs, covering initial assessment, issuer registration, platform licensing, custody safeguards, AML/CFT and disclosures.

Last action: Mar 18, 2026 - SEC issued 2026 revised minimum-capital guidelines affecting DAOP, DAX, DAC and other regulated entities.

Next: Jun 30, 2027 - Existing operators capital deadline

Profile SEC Rules and Regulations page Milestone source
Nigeria Investments and Securities Act 2025 Virtual/Digital Assets Provisions Act No. 2 of 2025; Official Gazette No. 19, Vol. 112 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Investments and Securities Act, 2025

Nigeria’s ISA 2025 brings virtual and digital assets into the statutory definition of securities and gives the SEC express authority over digital-asset exchanges, VASPs, DLT offers, custody and related services.

Last action: Jan 16, 2026 - Minimum-capital circular issued

Next: Jun 30, 2027 - Minimum-capital compliance deadline

Profile Investments and Securities Act, 2025 PDF Milestone source

Information is for general purposes only and not legal advice. See full disclaimer.