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Tinubu signs executive order to regulate cryptocurrency, virtual assets

Nigeria's President Tinubu signed an executive order establishing a coordinated regulatory framework for cryptocurrency and virtual assets, with the Central Bank of Nigeria, Nigeria Revenue Service, and Securities and Exchange Commission taking the lead. The order takes immediate effect.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.

The Wire takeaway

If you're building fintech in Nigeria, regulators just gave you a single coordination path instead of three competing ones. Call the CBN this month—they're now the entry point for crypto and payments products in Africa's largest economy.

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Topics: Fintech · crypto-regulation · nigeria · fintech · emerging-markets · compliance

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Verified 18 July 2026 · Sources: Fusion42 review

Tinubu signs executive order to regulate cryptocurren… | Fusion42