Central Bank of Nigeria approves cNGN stablecoin to pilot in February amid CBDC woes

The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium to pilot the cNGN stablecoin within its Regulatory Sandbox. This initiative marks a key moment in the evolution of financial developments in the country. The ASC brings together a group of leading financial institutions, fintech innovators, and blockchain specialists, aiming to redefine and […] source: https://cryptoslate.com/central-bank-of-nigeria-approves-cngn-stablecoin-to-pilot-in-february-amid-cbdc-woes/