✔ VERIFIED First reported by Cryptonews.net · Nov 6, 10:45 UTC · updated Nov 6, 18:26 UTC
Nigeria Central Bank Introduces Mandatory Licenses and Capital Rules for Stablecoin Issuers
The Central Bank of Nigeria (CBN) has introduced a licensing framework requiring stablecoin issuers to obtain regulatory approval, maintain substantial minimum capital and fully backed reserves. The…
Common to all reports: Nigeria · Central Bank · Stablecoin Issuers · Rules
Confirmed by 5 sources
- Cryptonews.net (crypto newsroom · International) · Nov 6, 10:45 UTC · read at the source
- The Block (crypto newsroom · US) · Nov 6, 11:48 UTC · read at the source
- Unchained (crypto newsroom · US) · Nov 6, 13:30 UTC · read at the source
- Crypto Economy (low-credibility outlet · International) · Nov 6, 15:00 UTC · read at the source
- Hokanews (auto) (other outlet (not yet rated) · International) · Nov 6, 18:26 UTC · read at the source
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Tags: Regulation, Macro, Stablecoin
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