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CBN sets N15bn capital requirement for dollar stablecoin issuers

The Central Bank of Nigeria has introduced a minimum paid-up capital requirement of N15bn for companies issuing foreign currency-backed stablecoins, including those pegged to the United States dollar. Read More: https://punchng.com/cbn-sets-n15bn-capital-requirement-for-dollar-stablecoin-issuers/

Reported by Punch. We will add other newspapers as they cover it.

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  1. PunchNigeria

    CBN sets N15bn capital requirement for dollar stablecoin issuers

    The Central Bank of Nigeria has introduced a minimum paid-up capital requirement of N15bn for companies issuing foreign currency-backed stablecoins, including those pegged to the United States dollar. Read More: https://punchng.com/cbn-sets-n15bn-capital-requirement-for-dollar-stablecoin-issuers/

    · CBN sets N15bn capital requirement for dollar stablecoins

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