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Nigeria's Crypto Industry Bodies Back Tinubu's Virtual Assets Executive Order

Unverified — auto-generated summary, not yet reviewedPolicy & RegulationNigeriaJul 22, 2026

Nigeria's blockchain and virtual asset industry bodies SIBAN and VASPA have formally endorsed President Tinubu's executive order on virtual assets, describing it as a turning point for the country's crypto regulatory framework. The industry backing adds legitimacy to the CBN-led coordination council established by the order, which ends years of inter-agency regulatory conflict.

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