Nigeria Sets New Stablecoin Licensing Rules and Capital Requirements
TL;DR: Nigeria’s central financial institution issued a brand new framework on November 5 for non-security digital belongings, with separate stablecoin licences tied to naira and foreign-currency tokens. The guidelines introduce reserve, capital and local-presence obligations and ban sure algorithmic designs. This is a payments-regulation story, not a blanket legalisation of each crypto exercise. Nigeria is…