Crypto Regulation News: Nigeria Launches New Framework for Sustainable Digital Finance
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The post Crypto Regulation News: Nigeria Launches New Framework for Sustainable Digital Finance appeared first on Coinpedia Fintech News Nigeria is rewriting its digital finance playbook as the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) team up to create a sustainable framework for digital currencies and crypto regulation. This collaboration marks a major policy shift under President Bola Tinubu’s administration, potentially redefining Nigeria’s place in the global digital asset and blockchain ecosystem. CBN and SEC Unite for a Sustainable Digital Currency Framework In a notable policy reversal, CBN Governor Olayemi Cardoso announced the partnership during his annual lecture at Lagos Business School, signaling a renewed commitment to innovation, regulation, and financial stability. “We are working together to midwife a process that is sustainable with respect to digital currency,” Cardoso said. “Our focus is to ensure innovation thrives within a secure and well-regulated environment.” This collaboration is part of a broader regulatory reset aimed at correcting the restrictive policies of the past. Under former Governor Godwin Emefiele, the CBN had effectively banned financial institutions from engaging with crypto-related businesses—triggering outrage across Nigeria’s vibrant digital asset community. The friction between the CBN and the SEC, which had previously taken a more measured stance toward crypto, created confusion and uncertainty, stifling innovation and leaving startups unsure of their legal standing. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Will India Embrace Stablecoins? Finance Minister Sitharaman Hints at Policy Shift , Nigeria’s Shift in Crypto Regulation 2025 The tone changed dramatically after President Bola Tinubu took office in May…
