Nigeria: CBN Approves Naira Stablecoin, to Debut February 27
The Central Bank of Nigeria gave the Africa Stablecoin Consortium’s cNGN Naira stablecoin initiative the go-ahead on January 4th, according to the CBN’s regulatory sandbox. In order to maintain compliance, transparency, and a focus on consumer safety, the ASC has said that they want to collaborate closely with regulators from the CBN, Nigerian Securities and…