✔ VERIFIED First reported by The Block · Nov 6, 11:48 UTC · updated Nov 6, 13:02 UTC
Nigeria’s central bank sets ₦15B capital rule for stablecoins, bans algorithmic tokens
Nigeria's central bank sets ₦15 billion capital requirements for foreign stablecoin issuers, bans algorithmic tokens and introduces new licensing rules.
Confirmed by 2 sources
- The Block (crypto newsroom · US) · Nov 6, 11:48 UTC · read at the source
- Crypto.news (crypto newsroom · International) · Nov 6, 13:02 UTC · read at the source
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Tags: Regulation, Macro, Stablecoin
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