Nigeria Sets New Stablecoin Licensing Rules and Capital Requirements
Nigeria's central bank issued a new framework on November 5 for non-security virtual assets, with separate stablecoin licences tied to naira and…
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Central bank
The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.
Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.
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