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Nigeria's central bank says virtual asset rules take effect on a later date

NewsFeeds update

Nigeria's central bank has published a framework for non-securities virtual assets covering stablecoin issuance, exchange, custody, transfers and settlement. Foreign currency-pegged issuers must hold at least 15bn naira in paid-in capital and naira-pegged issuers 10bn naira, with an effective date to be set later.

RegulationOdailyAINeutral

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.