Nigeria embraces stablecoins; HK caps stablecoin licenses
Nigeria’s SEC says it’s open to compliant stablecoins to underpin Africa’s financial revolution, as HK says most license…
Browsing Tag
cNGN
9 posts
Africa’s first regulated stablecoin hits milestone
cNGN launched in February and has since then hit $2.5m in transaction value; it tells CoinGeek that it’s…
Nigeria launches eNSC; Lagos puts up digital fight vs malaria
Known as eNSC, the new stablecoin is pegged 1:1 with the naira and the eNaira, but issuer ProsperaVest…
Round-up of the week’s biggest blockchain news
The blockchain and digital asset space flourishes in the finance sector with new stablecoin projects, tokenized bonds, and…
Nigeria’s first local stablecoin launches
cNGN stablecoin was approved by the central bank in January and is now available on local exchanges for…
Stablecoins, enterprise adoption, regulations: Blockchain trends in Nigeria in 2024
Nigeria’s blockchain adoption will continue this year, with enterprise solutions taking center stage as blockchain goes beyond hype…
Nigeria cNGN stablecoin won’t launch in February after all
The African Stablecoin Consortium has clarified that media reports of a February 27 launch are misinterpreted and are…
Nigerian banks to launch naira-pegged stablecoin cNGN in February
The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central…
eNaira low adoption pushes Nigerian banks to develop stablecoin
The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception,…