Nigeria launches crypto council to unify regulation across agencies
Lagos is moving from ad-hoc enforcement to a single inter-agency table, a structural shift every Africa-focused crypto desk will read closely.
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Lagos is moving from ad-hoc enforcement to a single inter-agency table, a structural shift every Africa-focused crypto desk will read closely.
The order formalises a framework for virtual asset oversight and creates a council to coordinate regulators, a structural step that could pull Nigeria's $60B crypto economy out of the grey zone.
The International Monetary Fund warned on Tuesday that Nigeria's surging stablecoin adoption is "testing the limits" of…