Nigeria’s central bank mandates licenses for stablecoin issuers

Poin penting

• Nigeria's central bank now requires all stablecoin issuers to obtain official licenses to operate legally.
• The regulatory mandate aims to reshape the country's digital currency environment by focusing heavily on consumer protection and strict compliance standards.
• Under these updated guidelines, companies issuing stablecoins must align with the official framework to maintain their operations in Nigeria.

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