Nigeria Opens Doors to Regulated Stablecoins in Policy Shift

Nigeria’s Securities and Exchange Commission (SEC) plans to open the market to regulated stablecoin businesses, marking a shift from the regulator’s previous restrictions. Stablecoins now have a clear legal framework, with issuers required to comply with firm SEC rules under the Investment and Securities Act 2025. Clear Regulatory Path for Stablecoin Companies The SEC now recognizes stablecoins as regulated securities. Under the Investment and Securities Act 2025, stablecoin issuers must meet strict compliance, licensing, and reserve requirements source: https://beincrypto.com/nigeria-stablecoin-sec-regulations/