Nigeria launches its first compliant stablecoin cNGN

Crypto 7x24

2025-02-08 12:12:37

4975

Internet reports that Nigeria has launched its first compliant stablecoin cNGN. The stablecoin has been launched on two exchanges and has entered the Securities and Exchange Commission (SEC) incubation program. According to Nigeria Senator Ihenyen, this stablecoin pegged to Nigeria naira will enable faster, lower-cost and safer cross-border payments.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

In the past 24 hours, the top 100 tokens in cryptocurrency market value have risen and fallen: FLR rose 10.16%, BERA fell 12.65%."
16:15
Corn raised US$1.5 million through Echo, bringing a total amount of US$16.5 million "
16:14
Market News: Judge prohibits U.S. Department of Efficiency from accessing sensitive Treasury materials "
16:14
UXLINK broke through US$0.8, with an increase of 38.0% in 2 hours."
16:13
UNI worth US$25 million flowed out of the exchange on Tuesday, setting a new high since 2021."
16:12
SafeMoon CEO demands trial based on US SEC's "policy changes" during Trump's era
14:20
Former CFTC Chairman Behnam has resigned, and Trump has not yet nominated a successor."
14:20
Gray Research Director: Despite sluggish employment data, Bitcoin may still hit a new high in Q1 "
14:19
US congressmen tried to enter the Department of Education blocked "
14:18
Judge ruled that Coinbase must face client litigation in New York "
14:18
The net capital inflow of the US Ethereum Spot ETF yesterday was 0"
14:17
A giant whale conducted a T on TRUMP in nearly 7 hours, resulting in a loss of more than US$540,000
14:17
An unverified contract was attacked by lightning, involving approximately US$108,000."
14:17
Pre-order users of the Play Solana game console PSG1 will receive WATCH airdrop "
14:16
Trump and X settle lawsuit filed over Twitter ban after January 6 "
14:16
The market value of USDT reached US$141.4 billion, a record high."
14:15
Source: Trump nominated the Air Force Chief of Staff and arranged multi-billion dollar satellite tender contracts in favor of Musk."
14:15
StarkWare Joint Venture: STARK Prover Stwo is planned to be deployed on the main networks of Starknet and StarkEx systems in the second quarter."
14:14
Securities and Exchange Commission confirms it is investigating Roblox"
14:12
golden afternoon newspaper| A list of important developments at noon on February 8 "
12:20
THORChain: Nodes are voting to decide whether to cancel block rewards to eliminate inflation "
12:19
The Securities and Exchange Commission confirms it is investigating Roblox
12:19
Bitwise CIO: The current sentiment among individual crypto investors is depressed, but professional investors are extremely optimistic about the market."
12:18
Video sharing platform Rumble announced it has completed a $775 million strategic investment from Tether "
12:18