Nigeria Unifies Virtual Asset Rules | Nigeria News

President Bola Tinubu just dropped a game-changing move: the Presidential Executive Order on Virtual Assets Coordination, 2026. This isn’t about rewriting the rules—it’s about fixing the chaos. With virtual assets slipping through old regulatory cracks, agencies were flying solo, leaving Nigerians vulnerable to scams, fraud, and financial instability. Enter the Virtual Asset Council, led by the Central Bank, with key players like the SEC and NIRS as co-chairs, plus intelligence and security units on board. They’ll steer policy while keeping agencies independent. A new Virtual Asset Office will handle real-time data sharing via secure tech, without surrendering control. Plus, a regulatory sandbox lets startups test innovations safely, while the NIRS prepares tax rules and the government drafts a long-term strategy. This is Nigeria’s smart, coordinated leap into the crypto future—no new regulators, just smarter teamwork. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/438580231ac32bc6