The Central Bank of Nigeria is actively discussing the regulatory framework for stablecoins and ICOs

ChainCatcher news, the Central Bank of Nigeria recently stated in a payment system document that it will maintain an open attitude towards developing a "regulatory framework for the potential implementation of stablecoins." The document also discusses the regulatory oversight of Initial Coin Offerings (ICOs).

The document states that once the regulatory framework for the implementation and support of stablecoins is in place, ICOs could become a new way to attract foreign direct investment (FDI) and raise funds. (Source link)