@mrzuby it’s good news and beneficial to the crypto ecosystem. The initiative’s primary objective is to bridge the gap between traditional financial institutions and digital asset markets. It aims to foster a compliant digital asset ecosystem and establish a secure environment for digital transactions across Africa. This approach is designed to mitigate risks associated with money laundering and terrorism financing.
This way, users can enjoy the benefits of both the traditional and the digital asset markets, such as speed, security, transparency and compliance.
What to know about cNGN stablecoin