Nigeria Lifts Anti-Crypto Regulations to Create New Stablecoin

Nigeria Lifts Anti-Crypto Regulations to Create New Stablecoin

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Nigeria’s Central Bank (CBN) recently revoked its stringent anti-crypto measures that barred banks from handling crypto-related transactions for almost two years. This move coincides with collaborative efforts among Nigerian banks to introduce a new stablecoin named cNGN. CBN noted that global…

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