Nigeria will establish a legal framework for ICOs and stablecoins

Nigeria will establish a legal framework for ICOs and stablecoins

The Central Bank of Nigeria’s most recent strategy paper emphasized the need to establish a legal framework for stablecoins. Nigeria also declares its readiness to accept the existence of private stablecoins, citing its position as one of the world’s early adopters of its own central bank digital currency (CBDC). In the most recent strategy paper…