Central Bank of Nigeria Approves Africa Stablecoin Consortium to Pilot cNGN Stablecoin in Regulatory Sandbox

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Source: AdobeStock / Faraz The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin Consortium (ASC) to launch the cNGN stablecoin in its regulatory sandbox.  The stablecoin is set to be introduced on February 27, 2024, the Africa Stablecoin Consortium, a collaborative effort between Nigerian banks and fintech operators, said in a Friday […]

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