CryptoSlate reports that Nigeria's central bank has mandated that dollar-stablecoin issuers must either obtain local licenses or risk losing access to retail markets. The Central Bank of Nigeria (CBN) requires express permission for continued Class 2 access during assessments. Foreign licenses cannot substitute for local issuer and token approvals, emphasizing the need for compliance with local regulations.
Based on the CryptoSlate report; not independently verified.
Source published: Mon, 09 Nov 2026 15:10:52 +0000
[Read the original report](https://cryptoslate.com/nigeria-tells-dollar-stablecoin-issuers-go-local-or-lose-retail-access/)
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