{"id":12877,"date":"2026-11-09T06:16:00","date_gmt":"2026-11-09T06:16:00","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/09\/%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-nigeria-tightens-stablecoin-rules\/"},"modified":"2026-11-09T06:16:00","modified_gmt":"2026-11-09T06:16:00","slug":"%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-nigeria-tightens-stablecoin-rules","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/09\/%f0%9f%91%a8%f0%9f%8f%bf%f0%9f%9a%80techcabal-daily-nigeria-tightens-stablecoin-rules\/","title":{"rendered":"\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal Daily \u2013 Nigeria tightens stablecoin rules"},"content":{"rendered":"<div>\n<p>    <meta charset=\"UTF-8\"><br \/>\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\"><\/p>\n<div id=\"wrapper\" style=\"width:100%;max-width:600px;background-color: #FFFFFF; color:#000000;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;text-rendering: optimizeLegibility !important; 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padding: 8px; height:47px; font-size: 10px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 700; background-color: #fcf8fa; border-radius: 4px; box-sizing:border-box; display: table;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                    <a href=\"https:\/\/translate.google.com\/translate?js=n&amp;sl=auto&amp;tl=fr&amp;u=https:\/\/techcabal.com\/2026\/11\/06\/techcabal-daily-bought-out-bought-in\/\" style=\"color: #28121f !important\">Lire en Fran\u00e7ais<\/a>\n                <\/div>\n<div style=\"display: table-cell; vertical-align:middle; text-align: right;\">\n                    <a href=\"https:\/\/translate.google.com\/translate?js=n&amp;sl=auto&amp;tl=ar&amp;u=https:\/\/techcabal.com\/2026\/11\/06\/techcabal-daily-bought-out-bought-in\/\" style=\"color: #28121f !important\">\u0627\u0642\u0631\u0623 \u0647\u0630\u0627 \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629<\/a>\n          <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"Story1\" style=\"width:100%; background-color: transparent; box-sizing:border-box; padding: 0 12px 16px;\">\n<div style=\"width: 100%;padding-bottom:16px;text-align:left;box-sizing:border-box;\">\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin-top:0;\">\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;\"><strong>Good morning. <img decoding=\"async\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-2.jpg\" alt=\"\u2600\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/strong><\/p>\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;\">Across Africa, climate-tech is becoming a part of how essential sectors are built, financed, and run, powering homes and businesses the grid never reaches, lowering the running costs of the vehicles that move people and goods, and helping farmers produce beyond the rainy season.<\/p>\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;\">TechCabal Insights\u2019 <a href=\"https:\/\/insights.techcabal.com\/report\/state-of-climatetech-in-africa-2026\/\" style=\"text-decoration: underline; color: #b61313 !important;\">State of ClimateTech in Africa 2026<\/a> tracks $6.2 billion raised by African climate-tech startups between 2019 and H1 2026, even as deal count continues to decline, and the business models begin to work across energy, mobility, agriculture and food, waste, and carbon. In H1 2026, climate-tech startups overtook fintech in African startup funding for the first time, signaling growing interest in the sector.\u00a0<\/p>\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;\"><a href=\"https:\/\/insights.techcabal.com\/report\/state-of-climatetech-in-africa-2026\/\" style=\"text-decoration: underline; color: #b61313 !important;\">Download the report<\/a> to see the funding patterns, business models, and market conditions shaping the sector\u2019s next phase.<\/p>\n<div style=\"background-color:#FAE2E3;\n            padding:16px 32px;\n            border-radius:12px;\n            margin:0 12px 10px;\n            box-sizing:border-box;\"><\/p>\n<div style=\"margin:0;\n                font-size:16px;\n                line-height:25.6px;\n                text-align:center;\n                font-weight:400 !important;\"><\/p>\n<p style=\"padding:5px 0;\n                  margin:0;\n                  font-weight:400 !important;\"><br \/>\n           Read smart insights about Francophone Africa\u2019s tech ecosystem\u2014weekly.\n        <\/p>\n<div style=\"text-align:center;margin-top:20px;\">\n<p>            <a href=\"https:\/\/francophone-weekly-by-techcabal.beehiiv.com\/\" style=\"display:inline-block;\n                      color:#ffffff !important;\n                      text-decoration:none;\n                      padding:8px 14px;\n                      border-radius:6px;\n                      background:#F23204;\n                      outline:none;\n                      box-shadow:none;\n                      -webkit-appearance:none;\n                      -moz-appearance:none;\n                      font-weight:400 !important;\" target=\"_blank\" rel=\"noopener\"><br \/>\n                Subscribe<br \/>\n            <\/a><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"todays_edition\" style=\"width:100%; background-color: transparent; box-sizing:border-box; text-align:center; padding:0 12px;\">\n    <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-3.jpg\" alt=\"today's edition image\" style=\"width:100%; max-width:343px; height:auto; display:block; margin:0 auto;\">\n<\/div>\n<div style=\"background-color: #FAE2E3;padding:16px 32px;border-radius:12px;margin:0 12px 10px;box-sizing:border-box;\">\n<ul style=\"padding-left: 20px;margin:0;font-size:16px;line-height:25.6px;\">\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story1\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Quickmart IPO draws strong demand<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story2\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Nigeria tightens stablecoin rules<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story3\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Kenya targets social media giants<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story4\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">C\u00f4te d\u2019Ivoire opens cyber hub<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story5\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">World Wide Web 3<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/09\/%F0%9F%91%A8%F0%9F%8F%BF%F0%9F%9A%80techcabal-daily-nigeria-tightens-stablecoin-rules\/#Story6\" style=\"font-family:Georgia, 'Times New Roman', Times, serif;font-style: normal;font-weight:400;text-decoration:underline  !important;color:#28121F !important;\">Job Openings<\/a><\/li>\n<\/ul>\n<\/div>\n<div id=\"Story1\" style=\"padding:0 12px 16px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase\">Capital Markets<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<h3 style=\"width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;\">Quickmart\u2019s IPO oversubscribed by 22.7%<\/h3>\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p><a href=\"https:\/\/techcabal.com\/2026\/09\/28\/class-of-2016\/\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-4.jpg\" width=\"100%\" height=\"auto\" style=\"object-fit: cover\"><\/a><figcaption style=\"color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400\">Image Source: Quickmart<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">At a supermarket, shoppers fill their baskets. But in Kenya, investors have been filling theirs with Quickmart shares, the country\u2019s second-largest supermarket chain. And there weren\u2019t enough shares to go around.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What happened?<\/strong> Quickmart announced on Friday that its initial public offering (IPO) was <a href=\"https:\/\/kenyanwallstreet.com\/quickmart-ipo-oversubscribed-by-22-7-retail-fully-allotted-as-mobilist-gives-up-us-5-mn-allocation\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">oversubscribed<\/a> by 22.7%. Investors applied for 2.45 billion shares worth KES 18.41 billion ($142 million), against the two billion shares available for KES 15 billion ($116 million). The offer attracted 18,492 applications, marking Kenya\u2019s second IPO of 2026, after <a href=\"https:\/\/techcabal.com\/2026\/01\/19\/kenyas-bourse-records-the-first-ipo-in-over-a-decade\/\" style=\"text-decoration: underline; color: #b61313 !important;\">Kenya Pipeline Company in January<\/a>.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here.<\/strong> An IPO makes a company\u2019s shares available to the public for the first time. In Quickmart\u2019s case, investors <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-11-06\/quick-mart-ipo-draws-strong-demand-as-kenyan-listings-pick-up\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">were buying<\/a> half of the supermarket chain at KES 7.50 ($0.058) per share, valuing the business at KES 30 billion ($232 million).<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Who got what?<\/strong> Kenyan and East African retail investors received all the shares they were eligible for, while foreign investors weren\u2019t quite as lucky. They applied for nearly three times their initial allocation and received roughly half the shares they requested. In October, the International Finance Corporation (IFC), the World Bank\u2019s private-sector investment arm, also <a href=\"https:\/\/businessday.ng\/africa\/article\/ifc-takes-6-5-stake-in-quickmart-through-ksh15bn-ipo\/?amp\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">secured<\/a> a 6.45% stake.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Here\u2019s the interesting part:<\/strong> Quickmart won\u2019t receive the KES 15 billion ($116 million) from the IPO. Sokoni Retail Kenya, its majority shareholder, sold the shares, retaining a 50% stake. This means the proceeds go to the seller, rather than directly funding Quickmart\u2019s expansion plans.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Zoom out:<\/strong> Quickmart, which operates 72 stores across Kenya, wants to expand to 125 by 2030. Its successful IPO suggests investors are willing to back the company\u2019s ambition, even though it must finance the expansion separately. The next big moment comes on November 12, when Quickmart begins trading on the Nairobi Securities Exchange (NSE).<\/p>\n<p style=\"padding:5px 0;margin:0;\">Investors have shown eagerness to buy. Soon, we\u2019ll see what they\u2019re willing to pay.<\/p>\n<\/p><\/div>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                               <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"bizdev1\" style=\"padding:24px 12px;\">\n<div style=\"width:100%;background-color:transparent;box-sizing:border-box;padding:12px;border:0.6px solid #D3D3D3;border-radius:4px;\">\n<h5 style=\"margin:0;padding-top:0;padding-bottom:12px;font-weight:700;font-size:10px;color:#93888F;text-align:center;\">\n            Upgrade your business today<br \/>\n        <\/h5>\n<p>        <a href=\"http:\/\/fincra.com\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n            <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/10\/image-153.webp\" width=\"100%\" height=\"auto\" style=\"object-fit:cover\" data-iml=\"31270830.700000003\"><br \/>\n        <\/a><\/p>\n<p style=\"padding:5px 0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:14px;line-height:21px;font-style:italic;letter-spacing:-0.308px;margin-top:0;font-weight:400 !important;\">Pay with OPay is live on Fincra. Customers approve payments straight from their OPay wallet, and you get confirmation back on your site. Available now for NGN collections! <strong>Upgrade your business today with<strong> <a style=\"text-decoration:underline;color:#b61313 !important;font-weight:400 !important;\" href=\"http:\/\/fincra.com\/\" target=\"_blank\" rel=\"noopener\">Fincra pay with OPay<\/a>.<br \/>\n        <\/strong><\/strong><\/p>\n<\/p><\/div>\n<\/div>\n<div id=\"Story2\" style=\"padding:0 12px 16px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase\">Cryptocurrency<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<h3 style=\"width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;\">Nigeria raises the cost of issuing stablecoins<\/h3>\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p><a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2026\/11\/HVAOCcbXsAAPjcC.webp\" width=\"100%\" height=\"auto\" style=\"object-fit: cover\"><\/a><figcaption style=\"color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400\">Olayemi Cardoso, Central Bank of Nigeria (CBN) governor, speaking at the IMF\u2013World Bank Annual Meetings Press Briefing in Bangkok, Thailand, in October. Image Source: CBN.<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">Stablecoins are supposed to make cross-border payments easier. But for the companies issuing them, operating across those borders is becoming more complicated and expensive.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>What\u2019s happening?<\/strong> Nigeria\u2019s Central Bank (CBN) has <a href=\"https:\/\/techcabal.com\/2026\/11\/06\/cbn-new-rules-foreign-stablecoin-issuers\/\" style=\"text-decoration: underline; color: #b61313 !important;\">introduced new rules<\/a> requiring issuers of foreign-currency stablecoins, including those behind dollar-pegged tokens such as USDT and USDC, to maintain at least \u20a615 billion ($11.16 million) in paid-up capital. They must also establish locally incorporated, licenced businesses to serve the Nigerian market. Issuers of naira-backed stablecoins face a \u20a610 billion ($7.44 million) requirement.<\/p>\n<p style=\"padding:5px 0;margin:0;\">And that\u2019s not all. Foreign-currency stablecoin issuers <a href=\"https:\/\/www.cbn.gov.ng\/Out\/2026\/CCD\/REGULATIONS%20FOR%20THE%20OPERATIONS%20OF%20NON-SECURITY%20VIRTUAL%20ASSETS%20IN%20NIGERIA.pdf\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">must maintain<\/a> a separate operational liquidity buffer of at least $10 million, potentially more depending on their Nigerian obligations. That\u2019s in addition to the capital and reserves required to back their tokens.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Nigeria isn\u2019t alone.<\/strong> In July, Kenya <a href=\"https:\/\/techcabal.com\/2026\/07\/29\/kenya-crypto-rules-could-force-exchanges-to-delist-foreign-stablecoins\/\" style=\"text-decoration: underline; color: #b61313 !important;\">introduced<\/a> regulations requiring stablecoin issuers to maintain KES 300 million ($2.3 million) in paid-up capital and register locally. The rules also require companies to hold at least 30% of funds received for stablecoin issuance in Kenyan bank trust accounts, with the remainder invested locally.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here.<\/strong> International companies typically issue stablecoins such as USDT and USDC, but Nigerians and Kenyans use them to access dollars, pay overseas suppliers, and move money across borders. Regulators want those companies to meet domestic financial requirements rather than relying solely on approvals obtained abroad.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>State of play:<\/strong> Here\u2019s where things get interesting. If more African countries introduce separate capital, reserve, and licencing requirements, stablecoin issuers could face the cost of establishing regulated operations in every market they want to serve.<\/p>\n<p style=\"padding:5px 0;margin:0;\">Large companies like Tether and Circle may be better placed to absorb those costs. Smaller issuers could struggle to justify entering certain markets, potentially leaving users and payment companies with fewer regulated stablecoin options.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Between the lines: <\/strong>Thereis a reasonable case for these rules. Local supervision and accessible reserves can protect customers when an issuer fails or cannot honour withdrawals. But there\u2019s a trade-off: Africa could end up with a patchwork of national stablecoin markets, each with different requirements, even though the tokens themselves can move across borders.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Zoom out: <\/strong>Stablecoins have made transferring digital dollars relatively simple. Making those transfers work legally across multiple African markets may prove considerably harder.<\/p>\n<\/p><\/div>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                               <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story3\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;\">Social Media<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<h3 style=\"width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;\">Kenya wants Meta, TikTok and X to report illegal activity on their platforms<\/h3>\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p>                        <a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n                             <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-8.jpg\" width=\"100%\" height=\"auto\" style=\"object-fit: cover\"><\/a><figcaption style=\"color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400\">Image Source: Tenor<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">Kenya\u2019s Ministry of Information, Communications, and the Digital Economy has <a href=\"https:\/\/itweb.africa\/article\/kenya-proposes-tougher-social-media-rules\/O2rQGqAEWWzqd1ea\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">proposed amendments<\/a> to the Kenya Information and Communications Act that would require digital platforms serving Kenyan users to register their services with the Communications Authority of Kenya (CA) and report unlawful activity on their platforms.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here: <\/strong>In February 2026, <a href=\"https:\/\/cioafrica.co\/kenya-mps-oppose-tiktok-ban-call-for-regulation\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Parliament rejected<\/a> a TikTok ban and called instead for stronger regulation, including age safeguards and better content moderation. In May, ICT Cabinet Secretary William Kabogo told senators that the government had given X (formerly Twitter) <a href=\"https:\/\/itweb.africa\/article\/kenya-orders-x-to-open-local-office-in-90-days\/wbrpO7g2l38vDLZn\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">temporary approval<\/a> to operate on the condition that it establishes a physical office in Kenya within three months.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>There\u2019s more: <\/strong>A separate Online Safety Bill 2026 goes further by proposing a duty of care for regulated online services. This would require platforms to conduct annual risk assessments, including examining how their recommendation algorithms and content distribution systems could expose users to harm.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">Companies found in breach could face fines of up to KES 500 million ($3.9 million) or 10% of their global annual turnover.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Enforcement can be tricky: <\/strong>The Online Safety Bill says platforms will not be required to scan private messages. However, questions remain about what counts as unlawful activity, how reports will be assessed and how the regulator will prevent the rules from being used to suppress legitimate speech.<\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                                  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/;summary=&amp;source=\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story4\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"web3\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;\">Cybersecurity<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<h3 style=\"width:100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;\">C\u00f4te d\u2019Ivoire opens cybersecurity centre to defend West and Central Africa<\/h3>\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;\">\n<figure style=\"width: 100%;padding-bottom:16px;text-align:left;margin:0\">\n<p>                        <a href=\"https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\"><br \/>\n                             <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-9.jpg\" width=\"100%\" height=\"auto\" style=\"object-fit: cover\"><\/a><figcaption style=\"color:#808080;font-size:12px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:19.8px;padding-top:6px;font-weight:400\">Image Source: Tenor<\/figcaption><\/figure>\n<p style=\"padding:5px 0;margin:0;\">US tech company Cybastion, in partnership with Cisco and the Ivorian government, <a href=\"https:\/\/itweb.africa\/article\/abidjan-opens-regional-cybersecurity-centre\/8OKdWMDXOm1MbznQ\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">has opened the Cisco Cybersecurity Centre<\/a> in Abidjan. Inaugurated on November 5, the facility is designed to strengthen C\u00f4te d\u2019Ivoire\u2019s cyber defence capabilities while serving as a regional hub for West and Central Africa.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">It houses a Security Operations Centre (SOC), which monitors digital systems for suspicious activity, and a Security Incident Response Team that investigates attacks and coordinates responses.<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Explain like I\u2019m new here: <\/strong>INTERPOL\u2019s 2025 Africa Cyberthreat Assessment found that cybercrime accounted for more than <a href=\"https:\/\/www.interpol.int\/en\/News-and-Events\/News\/2025\/New-INTERPOL-report-warns-of-sharp-rise-in-cybercrime-in-Africa\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">30% of reported crime in West and East Africa<\/a>. Online scams, ransomware, business email compromise, and digital sextortion were among the most frequently reported threats. It also found that 90% of African countries surveyed needed significant improvements in their law enforcement or prosecution capacity.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\"><strong>Why this matters:<\/strong> A centre that can monitor systems and coordinate incident response gives governments and businesses another layer of defence. This could also strengthen the protection of government services and critical infrastructure as more of the country\u2019s economy moves online.\u00a0<\/p>\n<p style=\"padding:5px 0;margin:0;\">Through the Africa DigiEmpower programme, the partners aim to train 200,000 learners in C\u00f4te d\u2019Ivoire in cybersecurity, networking and AI by 2030. That could help build a pipeline of skilled workers for a sector that needs it.<\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                                  <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/;summary=&amp;source=\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-6.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/techcabal.com\/2026\/09\/25\/techcabal-daily-egypts-biggest-data-grab\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n                            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"Story5\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"crypto_tracker\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#93888F;line-height:23.1px;text-align:left;margin:0;text-transform:uppercase;\">CRYPTO TRACKER<\/h3>\n<\/p><\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<h3 style=\"width:100%;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:16px;margin:0;padding-bottom:16px;font-weight:700;color:#28121F;line-height:20px;text-transform:capitalize;letter-spacing:-0.32px;text-align:left;box-sizing:border-box;\">The World Wide Web3<\/h3>\n<div style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight: 400;font-size:16px;line-height:25.6px;margin:0;padding-bottom:16px;box-sizing:border-box;\">\n<div style=\"font-style: normal; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; margin-bottom: 20px; display: table; width: 100%; font-size: 14px; font-weight: 700;\">\n<p style=\"padding:5px 0;display: table-cell; vertical-align: middle; text-align:left;\">Source:<\/p>\n<p>                            <span style=\"display: table-cell; vertical-align:middle; text-align: right;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-10.jpg\" alt=\"CoinMarketCap logo\" style=\"width:96px; height: auto;\"><\/span>\n                        <\/div>\n<table style=\"width: 100%; font-family:'Helvetica Neue', Helvetica, Arial, sans-serif; border-collapse: collapse;\">\n<colgroup>\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n<col span=\"1\" style=\"width: 25%;\">\n                            <\/colgroup>\n<tbody style=\"font-size: 12px; font-weight: 400; line-height: 15px;\">\n<tr style=\" width: 100%; border-bottom:1px dashed #C3C3C3; padding: 20px;\">\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Coin Name\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Current Value\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Day\n                            <\/p>\n<\/th>\n<th>\n<p style=\"padding:5px 0;font-weight:400; padding-bottom: 10px; text-align: left;\">\n                            Month\n                            <\/p>\n<\/th>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px; font-weight: 700;\">\n<tr style=\"border-bottom: 1px dashed #C3C3C3;\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/09\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-nigeria-tightens-stablecoin-rules\/Polygon 1.svg\" alt=\"\"><\/span>Bitcoin<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$75,625<\/td>\n<td style=\"padding: 0\">\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                       \u2013 5.88%                                  <\/p>\n<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                        \u2013 10.24%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700;margin: 20px 0\">\n<tr style=\"border-bottom:1px dashed #C3C3C3\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/09\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-nigeria-tightens-stablecoin-rules\/Polygon 1.svg\" alt=\"\"><\/span>Ether<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$2,223<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                 \u2013 8.04%\n                                    <\/p>\n<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                        \u2013 15.05%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700;margin: 20px 0\">\n<tr style=\"border-bottom:1px dashed #C3C3C3\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/09\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-nigeria-tightens-stablecoin-rules\/Polygon 1.svg\" alt=\"\"><\/span>XRP<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$1.19<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                      \u2013 8.20%\n                                    <\/p>\n<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                         \u2013 18.56%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<tbody style=\"font-size: 12px;font-weight: 700\">\n<tr style=\"border-bottom:1px dashed #C3C3C3;margin-bottom: 20px\">\n<td><span style=\"padding-right:7px\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/techcabal.com\/2026\/11\/09\/\ud83d\udc68\ud83c\udfff\ud83d\ude80techcabal-daily-nigeria-tightens-stablecoin-rules\/Polygon 1.svg\" alt=\"\"><\/span>Solana<\/td>\n<td style=\"text-align:right;padding-right:20px;font-weight:500\">$89.30<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">     \u2013 6.64%\n                                    <\/p>\n<\/td>\n<td>\n<p style=\"padding:5px 0;padding: 8px;margin: 8px 0;width:60px;text-align: center;background-color:#fbc2b5;border:1px solid #ef323d;border-radius: 38px;font-size:12px\">                                          \u2013 24.83%\n                                    <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"width:100%;background-color: transparent\">\n<p style=\"padding:5px 0;font-style: italic;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size: 14px;font-weight: 400\">\n                            * Data as of 06.54 AM WAT, November 9, 2026.\n                    <\/p>\n<div id=\"share_content\" style=\"width: 100%; background-color: transparent;box-sizing:border-box;padding-bottom:20px;\">\n<div style=\"display: table; width: 100%;\">\n<div style=\"display: table-cell; vertical-align:middle; text-align: left;\">\n                            <a href=\"https:\/\/twitter.com\/intent\/tweet?url=https:\/\/techcabal.com\/category\/newsletters\/tc-daily\/\" rel=\"noopener\" style=\"display:inline;width:24px;height:24px;background-color:#eeeeee;text-align:center;vertical-align: middle;border-radius:2px;padding:5px;margin-right: 10px;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-5.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a><br \/>\n                                <a 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src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-7.jpg\" alt=\"\" width=\"16px\" height=\"auto\" style=\"vertical-align: middle;\"><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"Story7\" style=\"padding:0 12px;box-sizing:border-box;\">\n<div class=\"section_heading\" style=\"width:100%; background-color: transparent;box-sizing:border-box;padding-bottom:12px;\">\n<div id=\"financial_education\" style=\"width:100%;max-width:115px;height:1px;background-color:#D3D3D3;margin:24px auto; \">\n                    <\/div>\n<div style=\"background-image:url(https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2024\/07\/credits-tcd-bg.png);background-repeat:no-repeat;max-width:343px;margin:0 auto;min-height:53px;padding: 12px 12px 0px 7px;background-size: cover;background-position: right center;\">\n<h3 style=\"padding:0;width:100%;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:700;font-size:16px;color:#FFFFFF;line-height:23.1px;text-align: left;margin:0;text-transform:uppercase;\">JOB OPENINGS<\/h3>\n<\/p><\/div>\n<div style=\"background-color:#F4FFF9;padding:16px 32px;\">\n<ul style=\"padding-left: 20px;margin:0;font-family:Georgia, 'Times New Roman', Times, serif;font-weight:400;font-size:16px;line-height:25.6px;\">\n<li><strong>Sparkle Nigeria \u2014<\/strong> <a href=\"https:\/\/lnkd.in\/p\/e_pJZkEM\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Business Growth Manager<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Tech Safari<\/strong> \u2014 <a href=\"https:\/\/jobs.ashbyhq.com\/talentsafari\/f614a073-8a84-493a-b9ef-eec34d723fee?departmentId=1e67a372-bcfb-47c4-a598-0724c918b4cd\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Content Lead<\/a> \u2014 Nairobi, Kenya, and Abuja, Nigeria (remote, anywhere in Africa)<\/li>\n<li><strong>CredPal \u2014<\/strong> <a href=\"https:\/\/credpal.zohorecruit.com\/jobs\/Careers\/712621000008581001\/Credit-Underwriter?source=LinkedIn-Basic&amp;embedsource=LinkedIn%2BLimited%2BListings\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Credit Underwriter<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Pesa \u2014<\/strong> <a href=\"https:\/\/app.dover.com\/apply\/pesa\/43357bb5-7676-4b35-94db-4fae7dcc6d51\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Social &amp; Influencer Marketing Manager<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Bamboo<\/strong> \u2014 <a href=\"https:\/\/bamboo.teamtailor.com\/jobs\/8585858-product-manager-misan\/40ea3800-2902-410a-8f4a-f28e464207c5\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Product Manager (Misan)<\/a> \u2014 Hybrid (Lagos, Nigeria)<\/li>\n<li><strong>\u00c0ngeles Sostenibles \u2014<\/strong> <a href=\"https:\/\/www.tezera.ai\/j\/operations-associate-186ad3?utm_source=linkedin\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Operations Associate<\/a> \u2014 Abuja, Nigeria<\/li>\n<li><strong>Coinomad<\/strong> \u2014 <a href=\"https:\/\/lnkd.in\/p\/eqnViyxd\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Sales Manager, Business Development Manager<\/a> \u2014 Nigeria<\/li>\n<li><strong>Sumsub<\/strong> \u2014 <a href=\"https:\/\/careers.sumsub.com\/jobs\/8432577-senior-anti-fraud-analyst\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Senior Anti-Fraud Analyst<\/a> \u2014 Remote (anywhere)<\/li>\n<li><strong>AfriChange<\/strong> \u2014 <a href=\"https:\/\/afteam.bamboohr.com\/careers\/158\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Compliance Specialist<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Scouthappy<\/strong> \u2014 <a href=\"https:\/\/www.scouthappy.com\/scouthappy-partner\/jobs\/growth-lead-consumer-fintech-product\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Growth Lead for Fintech (Stocks)<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Daya<\/strong> \u2014 <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSe1LebtN2DZk2yJZ6xwwX2Aw62vJG4G8OA918xB9VqJgs6ijg\/viewform\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Growth Product Manager (Daya Coins)<\/a> \u2014 Remote (Nigeria)<\/li>\n<li><strong>Qore<\/strong> \u2014 <a href=\"https:\/\/careers.qore.inc\/jobs\/Qore-Careers\/284302000033731008\/Manager-Site-Reliability-Engineering?source=CareerSite\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Site Reliability Engineering (SRE) Manager<\/a> \u2014 Lagos, Nigeria<\/li>\n<li><strong>Afreximbank<\/strong> \u2014 <a href=\"https:\/\/apply.workable.com\/afreximbank\/j\/A424364E0D\/\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">Student and Postgraduate Internship<\/a> \u2014 Cairo, Egypt<\/li>\n<\/ul>\n<p><strong>Looking for more opportunities?<\/strong> There are additional openings on <a href=\"https:\/\/techcabal.com\/jobs\/\" style=\"text-decoration: underline; color: #b61313 !important;\">TechCabal\u2019s job board<\/a>. We\u2019ve also cleared out outdated listings to keep opportunities fresh for job seekers. If you\u2019re hiring and would like to feature an open role, <a href=\"https:\/\/airtable.com\/appDvWcKaWHi0Eykv\/pagpd4W3QYjBJObZn\/form\" style=\"text-decoration: underline; color: #b61313 !important;\" target=\"_blank\" rel=\"noopener\">please submit it via this form<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box; text-align:center; padding:0 12px;\">\n  <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-11.jpg\" alt=\"in other news image\" style=\"width:100%; max-width:343px; height:auto; display:block; margin:0 auto;\">\n<\/div>\n<div style=\"background-color:#FAE2E3;padding:16px 32px;\">\n<ul style=\"padding-left:20px;margin:0;font-size:16px;line-height:25.6px;font-weight:400 !important;\">\n<li>\n<a href=\"https:\/\/restofworld.org\/2026\/western-startups-realigning-chinese-ai-models\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\" target=\"_blank\" rel=\"noopener\">Startups recalibrate Chinese AI for the West<\/a><\/li>\n<li>\n    <a href=\"https:\/\/techcabal.com\/2026\/11\/07\/qatar-startup-fund-african-tech-founders\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">Qatar\u2019s $5.5 million startup fund could open doors for African founders<\/a><\/li>\n<li><a href=\"https:\/\/techcabal.com\/2026\/11\/06\/opay-ipo-regulatory-inquiry\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">OPay was used to scaling regulatory walls until its IPO<\/a>\n<\/li>\n<li>\n<a href=\"https:\/\/techcabal.com\/2026\/11\/06\/bryan-habana-bok-legend-fintech-founder\/\" style=\"text-decoration:underline;color:#000000 !important;font-weight:400 !important;\">Habana went from World Cup winner to fintech beginner. Here\u2019s what he learned.<\/a>\n<\/li>\n<\/ul>\n<\/div>\n<div style=\"width:100%; background-color: transparent; box-sizing:border-box;\">\n<div style=\"width:100%;box-sizing:border-box;background-color:transparent;padding:0 12px;text-align:center;\">\n<div style=\"background-image:url(https:\/\/c76c7bbc41.mjedge.net\/wp-content\/uploads\/tc\/2024\/07\/credits-tcd-bg.png);background-repeat:no-repeat;max-width:343px;margin:0 auto;min-height:53px;padding:12px 12px 0px 7px;background-size:cover;background-position:right center;\">\n<p style=\"padding:0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;font-weight:400;color:#ffffff;text-align:left;margin:0 0 3px;\">\n<strong>Written by:<\/strong> Yemi Kareem and Emmanuel Nwosu<\/p>\n<p style=\"padding:0;font-family:Georgia, 'Times New Roman', Times, serif;font-size:12px;font-weight:400;color:#ffffff;text-align:left;margin:0 0 3px;\">\n<strong>Edited by:<\/strong> Emmanuel Nwosu &amp; Ganiu Oloruntade\n<\/p>\n<\/div>\n<\/div>\n<div style=\"background-color:#F4FFF9;padding:16px 32px;\">\n<h6 style=\"text-align:center;font-size:16px;font-weight:700;line-height:23.1px;margin:0 0 10px;\">Want more of TechCabal?<\/h6>\n<p style=\"padding:5px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight:400;font-size:16px;line-height:20px;margin:0;text-align:center;\">\nSign up for our insightful newsletters on the business and economy of tech in Africa.\n<\/p>\n<div style=\"width:100%;max-width:210px;margin:16px auto 24px;height:0.6px;background-color:#FF0000;\"><\/div>\n<ul style=\"font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-weight:400;font-size:16px;line-height:30px;margin:0;padding-left:20px;\">\n<li><a href=\"https:\/\/techcabal.com\/next-wave\" style=\"text-decoration:none !important;font-style:normal !important;color:#F23204 !important;font-weight:700 !important;\">The Next Wave<\/a>: futuristic analysis of the business of tech in Africa.<\/li>\n<li><a href=\"https:\/\/francophone-weekly-by-techcabal.beehiiv.com\/\" style=\"text-decoration:none !important;font-style:normal !important;color:#F23204 !important;font-weight:700 !important\" target=\"_blank\" rel=\"noopener\">Francophone Weekly by TechCabal<\/a>: insider insights and analysis of Francophone\u2019s tech ecosystem<\/li>\n<\/ul>\n<div style=\"width:100%;max-width:210px;margin:16px auto 24px;height:0.6px;background-color:#FF0000;\"><\/div>\n<p style=\"padding:5px 0;font-weight:400;font-size:16px;text-align:center;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;line-height:23px;color:#000000;\">\nP:S If you\u2019re often missing TC Daily in your inbox, check your Promotions folder and move any edition of TC Daily from \u201cPromotions\u201d to your \u201cMain\u201d or \u201cPrimary\u201d folder and TC Daily will always come to you.\n<\/p>\n<\/div>\n<p><a style=\"display:block;width:100%;box-sizing:border-box;text-align:center;\" href=\"mailto:ads@bigcabal.com\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/globalnigerianews.com\/wp-content\/uploads\/2026\/11\/\ud83d\udc68\ud83c\udfff\u200d\ud83d\ude80TechCabal-Daily-\u2013-Nigeria-tightens-stablecoin-rules-12.jpg\" alt=\"Email Us\" width=\"100%\" height=\"auto\" style=\"max-width:343px;margin:0 auto;object-fit:cover;\"><br \/>\n<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">TechCabal<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In partnership with Lire en Fran\u00e7ais \u0627\u0642\u0631\u0623 \u0647\u0630\u0627 \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 Good morning. Across Africa, climate-tech is becoming a part of how essential sectors are built, financed, and run, powering homes&hellip; <\/p>\n","protected":false},"author":1,"featured_media":12878,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-12877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/12877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=12877"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/12877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/12878"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=12877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=12877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=12877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}