Nigeria’s central bank has issued new regulations concerning virtual assets. Stablecoin issuers and other service providers must obtain a local license. Algorithmic stablecoins are banned. The measures aim to regulate crypto-asset activities in Nigeria.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
