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Techub News reports that, according to Forbes, Nigerian President Tinubu has signed the Investment and Securities Act (ISA) of 2025, officially recognizing Bitcoin and other digital assets as securities. The new legislation will empower the Nigerian Securities and Exchange Commission (SEC) to regulate virtual asset service providers (VASPs), digital asset operators (DAOPs), and digital asset exchanges (DAEs). The bill also takes a strong stance against Ponzi Schemes, with violators facing fines of at least 20 million naira (approximately $12,430) and up to 10 years in prison.

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