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News · Cryptocurrency & Blockchain · Africa

Nigeria sets new crypto licensing rules, bans algorithmic stablecoins

Source: Cointelegraph

Image: Cointelegraph

Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.

This is a short summary of a report by a third-party publisher. Newsline Press did not produce the original reporting.

Read the full story at Cointelegraph

Original publisher: Cointelegraph

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