Nigeria’s central bank sets ₦15B capital rule for stablecoins, bans algorithmic tokens
Published . Updated .
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This report is about crypto and Africa.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “stablecoin” (crypto) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“nigeria”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.3% 7d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-1.9% 18d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
- COIN Coinbase Global-23.9% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “stablecoin” (crypto) in this story.
- MSTR Strategy-16.4% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “stablecoin” (crypto) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +0.76% | +2.31% | base | after close | after close | after close | after close |
| AFK | -4.17% | -4.17% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | +0.02% | -0.54% | base | after close | after close | after close | after close |
| EMLC | -0.28% | -0.71% | base | after close | after close | after close | after close |
| EEM | +5.12% | +5.25% | base | after close | after close | after close | after close |
| COIN | +4.85% | +6.39% | base | after close | after close | after close | after close |
| MSTR | +0.79% | +4.69% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Nigeria’s central bank sets ₦15B capital rule for stablecoins, bans algorithmic tokens Crypto News
Source: Crypto News
This story
| Company | When | Move | Status |
|---|---|---|---|
| AFK | three days earlier | -4.17% | final price |
| AFK | five days earlier | -4.17% | final price |
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| COIN | three days earlier | +6.39% | final price |
| COIN | five days earlier | +4.85% | final price |
| EEM | three days earlier | +5.25% | final price |
| EEM | five days earlier | +5.12% | final price |
| EMB | three days earlier | -0.54% | final price |
| EMB | five days earlier | +0.02% | final price |
| EMLC | three days earlier | -0.71% | final price |
| EMLC | five days earlier | -0.28% | final price |
| IBIT | three days earlier | +2.31% | final price |
| IBIT | five days earlier | +0.76% | final price |
| MSTR | three days earlier | +4.69% | final price |
| MSTR | five days earlier | +0.79% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 80 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 88 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 88 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Nigeria’s central bank sets ₦15B capital rule for stablecoins, bans algorithmic tokens” scores 12 out of 100. The score uses 1 sources.