Madagascar Stablecoin Regulation — No Framework/Banned | STRIDE Tracker

Stablecoin Regulation Tracker

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Type	Supported	Notes

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Madagascar Stablecoin RegulationStage: No Framework/BannedRegulator: Banky Foiben'i Madagasikara (BFM – Central Bank of Madagascar)Madagascar stablecoin regulation status: No Framework/Banned. Regulated by Banky Foiben'i Madagasikara (BFM – Central Bank of Madagascar). View applicable laws, licensed issuers, and regulatory timeline.