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Nigeria to create the stablecoins and ICOs legal framework

Published under the headline “Nigeria Payments System Vision 2025”, the 83-page report from the Central Bank of Nigeria (CBN) considers the development of a regulatory framework for the potential implementation of a stablecoin. According to the document, there is a need to develop a framework, given that stablecoins are likely to become a successful payment mechanism in the country.

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Source: Cryptocurrency - investing.com

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