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Nigeria has included stablecoins in cryptocurrency regulation and banned algorithmic tokens

The Central Bank of Nigeria has approved rules for the issuance and circulation of stablecoins (cryptocurrencies whose exchange rate is pegged to a conventional currency - the dollar, euro, or the local naira). The document came into force on November 5; existing issuers were given 30 days to register and 180 days to apply for a license.

IEA accelerates reserve sell-off: up to 100 million barrels could pressure oil prices

IEA countries have decided to accelerate the release of oil and petroleum products from state reserves. If the entire previously promised but not yet realized volume reaches the market, additional supply could amount to up to 100 million barrels.