Crypto is Legal in Nigeria, Until . . .
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Crypto is Legal in Nigeria, Until . . .
Despite legal reforms, Nigerian banks continue to freeze accounts linked to cryptocurrency activity. Arrests persist. Confusion reigns. For a country trying to become Africa’s tech capital, Nigeria’s crypto regulation is sending mixed messages. When Nigeria passed the Investment and Securities Act (ISA), 2024, it appeared to mark a new chapter for the country’s crypto ecosystem. The law formally granted the Securities and Exchange Commission (SE…
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