CBN sets N10bn, N15bn capital requirements for stablecoin issuers

File photo: Students in a Nigerian classroom.
File photo: Students in a Nigerian classroom. Photo: Ngozi Stella Udechukwu / CC BY-SA 4.0, via Wikimedia Commons

Bureau Chief The Central Bank of Nigeria (CBN) has introduced new regulatory guidelines for stablecoin issuers and other virtual asset service providers, setting minimum paid-up capital…

Bureau Chief The Central Bank of Nigeria (CBN) has introduced new regulatory guidelines for stablecoin issuers and other virtual asset service providers, setting minimum paid-up capital requirements of N10 billion and N15 billion for two categories of operators. The requirements are contained in a circular dated November 5, 2026, with…

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