Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking down on unregistered operators, the government announced on July 17. The order establishes a new oversight framework to harmonize a regulatory environment described by officials as increasingly fragmented. The measure takes effect immediately. Government officials said the order is designed to protect citizens from fraud, curb money laundering and prevent terrorism financing without adding unnecessary bureaucratic layers or dissolving the independent authority of existing financial bodies. “With relevant agencies operating in silos, overlapping in some areas and leaving gaps in others, …