Nigeria has made a significant regulatory shift with the introduction of the Nigerian Investments and Securities Act (ISA) 2025, which officially recognizes cryptocurrencies as an asset class. This landmark legislation was signed into law by President Bola Ahmed Tinubu, aiming to end the ambiguity surrounding the crypto industry in the country.

The act includes measures to regulate Virtual Asset Service Providers (VASPs), thereby aligning the country's financial landscape with global standards. The move reflects Nigeria's commitment to overseeing the burgeoning cryptocurrency sector, ensuring transparency, and promoting investor protection within a legal framework.