Nigeria’s central bank introduces stablecoin licensing rules, bans algorithmic versions
The Block
6 lis 2026, 11:44Crypto
1 min read
Nigeria's central bank has introduced new licensing rules for stablecoin issuers and service providers, while prohibiting algorithmic versions of these digital assets.
The regulations, issued by Nigeria's central bank, require stablecoin issuers and other virtual asset service providers to obtain local licenses. This marks a significant step in the country's approach to digital currency regulation.
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