Tinubu signs executive order to regulate cryptocurrency, virtual assets

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Tinubu signs executive order to regulate cryptocurrency, virtual assets

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Nigerian President Bola Tinubu signed an executive order to regulate cryptocurrency and virtual asset industries in Nigeria. The framework will be coordinated by regulatory bodies including the Central Bank of Nigeria, Nigeria Revenue Service, and Securities and Exchange Commission.

President Bola Tinubu has signed a new executive order establishing a coordinated regulatory framework for virtual assets in Nigeria, with the Central Bank of Nigeria (CBN), the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) taking the lead in overseeing the sector. The post Tinubu signs executive order to regulate cryptocurrency, virtual assets appeared first on Vanguard News.

Politics Markets AI & Tech cryptocurrency regulation Nigeria Bola Tinubu virtual assets Central Bank of Nigeria Securities and Exchange Commission executive order

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