Central Bank of Nigeria approves Africa Stablecoin Consortium’s cNGN stablecoin
The Central Bank of Nigeria (CBN) has announced the approval of the Africa Stablecoin Consortium (ASC) to pilot the cNGN stablecoin in its regulatory sandbox. The new stablecoin, a compliant Nigeria Naira (cNGN), is set to be launched on February 27, 2024. The ASC is a collaboration of Nigerian banks […]