If you’ve ever asked, “Is crypto even legal in Nigeria?”—we finally have a clear answer.
President Bola Ahmed Tinubu signed the Investment and Securities Act (ISA) 2025 into law, which changes a lot about how money, investments, and digital assets like crypto work in Nigeria.
Here’s what you need to know, especially if you use Busha.
Crypto Is Now Officially Recognized
Let’s start with the big one: Crypto is no longer in legal limbo.
Before now, trading crypto was like driving without road signs. You could move, but there wasn’t much guidance or protection. Now, the new law says digital assets like Bitcoin, Ethereum, and USDT are officially considered securities. That means they’re legally part of Nigeria’s financial system.
So when you buy or sell crypto on Busha, you do so under a framework the government supports and protects.
Say Goodbye to Ponzi Scams (For Real This Time)
If you’ve ever seen “invest ₦20K and get ₦100K in 5 days” messages, you already know how typical fake investment schemes are.
The ISA 2025 now makes it 100% illegal to run or promote Ponzi schemes and unregistered platforms. And the punishment? Hefty fines and jail time.
What this means for you: You’re safer. Anyone trying to trick people with fake crypto platforms will face serious legal consequences.
More Protection, More Peace of Mind
The law gives Nigeria’s SEC (Securities and Exchange Commission) more power to supervise crypto platforms like Busha. This isn’t about more stress but more safety for you.
Platforms must play by precise rules.Your rights as a crypto user are more protected.There’s stronger oversight if things ever go wrong.
It’s kind of like having a referee on the field. Everyone’s still playing the same game. You just know the rules are being followed.
And here’s something that might give you even more confidence: Busha is licensed by the SEC. That means we already meet the regulatory standards that many platforms are now adjusting to.
🥳 Big News: Busha is Now Officially Licensed by the SEC! 🎉
We are proud to announce that Busha has led the way as Nigeria’s pioneering SEC-licensed virtual asset service provider under the Nigerian Securities Exchange Accelerated Regulatory Incubation Program. We have been granted a provisional license by the SEC to operate as a regulated Virtual Asset Service Provider! 🎉🎉🎉 This milestone
How This Affects You as a Crypto User
Here’s what changes for you directly, whether you’re buying, selling, or just holding your assets:
Stronger Identity Verification: Platforms are now required to verify who’s behind every transaction. That’s great news for you; it means there is less chance of fake accounts and more confidence when trading or receiving funds.Wider Range of Legit Services: Now that crypto is regulated, we may start to see more trustworthy platforms, crypto-based savings products, or even investment opportunities that couldn’t exist before.More Accountability for Everyone Involved: If anything goes wrong, you’ll have a more straightforward path for complaints, support, or even legal recourse, thanks to stricter rules around how platforms must behave.Less Risk of Falling for Scams: With stronger penalties and SEC monitoring, bad actors will think twice before launching fake investment schemes or shady crypto apps.Better Clarity, Less Confusion: You no longer have to wonder, “Is this allowed?” when using platforms like Busha. The law is clear: digital assets are in and regulated.
Tinubu signs Investment and Securities Act 2025 into law
President Bola Ahmed Tinubu has signed into law the Investment and Securities Act (ISA) 2025, marking a major milestone in

Here is a summary of the Investment and Securities Act (ISA) 2025
How This Affects You on Busha
Here’s what this means for your experience as a Busha user:
Explicit Rules = More Trust: You’re using a platform that welcomes regulation and works to keep your funds safe.Crypto is Getting the Respect It Deserves: You’re not just trading in “internet coins.” You’re now part of a legally recognised financial space.We’re On It: Busha has always been about doing things the right way. This new law backs what we’ve already been doing: verifying users, following KYC, and protecting your funds.
Nigeria is Stepping Into Global Standards
Another thing the law introduces is Legal Entity Identifiers (LEIs). That’s a fancy way of saying everyone who handles significant financial transactions must have a globally recognised ID. It’s like your crypto platform having a passport that regulators can check.
This helps ensure the people handling your money are who they say they are. It also builds trust in the system as a whole.
Bottom Line?
Crypto in Nigeria just got real, real rules, real protection, and real recognition.
The new law makes sure:
Crypto users are no longer left in the dark.Scam platforms will have a more challenging time tricking people.You can use Busha with even more confidence.
And now that crypto platforms are under formal regulation, being licensed by the SEC matters more than ever. It’s one more reason why you’re in good hands with Busha.
We’re excited to see this new chapter unfold, and we’ll be here every step of the way to keep you informed and empowered.
Do you have questions about what this means for your wallet or trades? Reach out to us or follow our updates. We’ll keep breaking it down in a way that makes sense.
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