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NZD Stablecoin Rules: FMA Consults on Class Designation

NZD Stablecoin Rules: FMA Consults on Class Designation

New Zealand's FMA opened a consultation on 9 November 2026 on a class designation that would take qualifying NZD-referenced and NZD-backed payment stablecoins outside the FMC Act. Conditions, the NZDD precedent, and how the proposal compares with Hong Kong, Taiwan and Nigeria.

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CBN Stablecoin Capital Rules: N15bn for Dollar Issuers

CBN Stablecoin Capital Rules: N15bn for Dollar Issuers

Nigeria's CBN set N15bn paid-up capital for foreign-currency stablecoin issuers and N10bn for naira Class 1 under Nov 2026 non-security VA rules. Class 1 vs Class 2, the algorithmic ban, 100%+2% reserves, and what it means for dollar stablecoin distribution.

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