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Nigeria’s central bank sets crypto licensing rules, gives operators 180 days to apply

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Nigeria’s central bank sets crypto licensing rules, gives operators 180 days to apply

The Central Bank of Nigeria (CBN) has set licensing rules for stablecoin issuers and crypto service providers in regulations issued on November 5, ...

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 “crypto” (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 “crypto” (crypto) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+0.76%+2.31%base-0.52%after closeafter closeafter close
AFK-4.17%-4.17%baseafter closeafter closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMB+0.02%-0.54%base+0.16%after closeafter closeafter close
EMLC-0.28%-0.71%base+0.14%after closeafter closeafter close
EEM+5.12%+5.25%base+2.52%after closeafter closeafter close
COIN+4.85%+6.39%base-2.34%after closeafter closeafter close
MSTR+0.79%+4.69%base-0.98%after closeafter closeafter 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 crypto licensing rules, gives operators 180 days to apply IntelliNews

Source: IntelliNews

This story

CompanyWhenMoveStatus
AFKthree days earlier-4.17%final price
AFKfive days earlier-4.17%final price
CEWthree days earlier0.00%final price
CEWfive days earlier0.00%final price
COINthat day-2.34%still updating
COINthree days earlier+6.39%final price
COINfive days earlier+4.85%final price
EEMthat day+2.52%still updating
EEMthree days earlier+5.25%final price
EEMfive days earlier+5.12%final price
EMBthat day+0.16%still updating
EMBthree days earlier-0.54%final price
EMBfive days earlier+0.02%final price
EMLCthat day+0.14%still updating
EMLCthree days earlier-0.71%final price
EMLCfive days earlier-0.28%final price
IBITthat day-0.52%still updating
IBITthree days earlier+2.31%final price
IBITfive days earlier+0.76%final price
MSTRthat day-0.98%still updating
MSTRthree days earlier+4.69%final price
MSTRfive days earlier+0.79%final price

Trades by members of Congress and officials in the stocks in this story

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

25 out of 100Price not final

“Nigeria’s central bank sets crypto licensing rules, gives operators 180 days to apply” scores 25 out of 100. The score uses 2 sources. The price is not final yet.