The Securities and Exchange Commission (SEC) has proposed new investment caps for retail participants in the digital asset market. Under the draft rules, retail investors are limited to a maximum of N1 million per issuer and N10 million in total aggregate investments over any 12-month period. Digital asset platforms will be mandated to enforce these limits, ensure proper investor categorization, and confirm that users understand the high-risk nature of these investments. These measures are designed to strengthen consumer protection in Nigeria’s rapidly growing crypto sector. Institutional and high-net-worth investors may be exempted from these specific thresholds.