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Wire · regulatory

CBN mandates N15bn minimum capital for dollar stablecoin issuers

7 November 2026 · By · Wire by Fusion42

Published

7 November 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

Nigeria

◆ Source

Read at thepointng.com →

◆ Verified

Fusion42 · 7 November 2026 · Fusion42 review

The Central Bank of Nigeria requires dollar stablecoin issuers to maintain a minimum paid-up capital of N15 billion as part of new regulations for virtual assets. The regulations also set capital requirements for naira-backed stablecoins and other virtual asset operators, with strict rules on reserve asset backing and capital maintenance.

This Wire brief sits within Fusion42's coverage of Fintech, and 5 sources have reported it between 6 Nov 2026 and 8 Nov 2026.

◆ ◆ The Wire takeaway

The cost of entering Nigeria's foreign currency stablecoin market just jumped. You need capital and a tighter compliance stance to compete or start now before the door narrows further.

◆ Coverage

5 sources · first reported 6 Nov 2026 · latest 8 Nov 2026

◆ Related on Wire

◆ Topics

Fintechstablecoincapital-requirementnigeriacbncrypto-regulation