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President Bola Tinubu signed the Presidential Executive Order on Virtual Assets Coordination, 2026, with immediate effectThe Order establishes a Virtual Asset Council chaired by the CBN alongside the NRS, SEC, NFIU, and ONSAA regulatory sandbox for virtual assets and a new tax policy for the sector are among the key measures announced under the Order
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, creating a new coordination framework for Nigeria’s virtual assets sector and establishing a dedicated council to harmonise oversight across the country’s financial regulatory agencies.
The Order, signed under Section 5 of the Constitution of the Federal Republic of Nigeria, 1999 (as altered), took effect immediately.
The announcement was made on July 17, 2025, by Bayo Onanuga, Special Adviser to the President on Information and Strategy.
President Tinubu approves a regulatory sandbox for virtual assets Photo: BloombergSource: Facebook
Why Tinubu Signed the Order
According to the presidency,
