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Nigeria sets new crypto licensing rules, bans algorithmic stablecoins

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

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Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Image: Cointelegraph

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

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