✔ VERIFIED First reported by Crypto Briefing · Nov 6, 10:22 UTC · updated Nov 6, 13:30 UTC
Nigeria’s Central Bank Now Requires Offshore Stablecoin Issuers to License Locally
Central Bank of Nigeria rules that took effect Nov. 5 require stablecoin issuers serving Nigerians to incorporate locally, hold at least 10 billion to 15 billion naira in capital and back tokens with…
Confirmed by 3 sources
- Crypto Briefing (crypto newsroom · US) · Nov 6, 10:22 UTC · read at the source
- Cryptonews.net (crypto newsroom · International) · Nov 6, 10:45 UTC · read at the source
- Unchained (crypto newsroom · US) · Nov 6, 13:30 UTC · read at the source
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Tags: Regulation, Macro, Stablecoin
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