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Ghana, Singapore conduct trade in semi-fungible token pilot project
17.5.2024
Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing
Ghana’s Vice President Says His Government Aims to Become the First to Be Powered by Blockchain
14.5.2024
The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide powered by blockchain, and the first in Africa....
Ghana Merges Tradition and Technology with NFT Stamp Collection
10.5.2024
Ghana Post has released a limited edition series of crypto stamps to mark the Silver Jubilee of His Majesty Otumfuo Osei Tutu II. Each stamp is connected to a unique NFT, offering collectors verifiable ownership on the blockchain.
The post Ghana Merges Tradition and Technology with NFT Stamp...
Ghana’s crypto stamps honor king’s Silver Jubilee
9.5.2024
Ghana Post launched a crypto stamp collection to showcase its king’s 25-year-long journey of persevering in traditional values and adopting new-age technology
Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler
9.5.2024
The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps would act as a bridge, linking the older and younger...
Ghana’s Securities Regulator Creates Taskforce to Build Capacity for Crypto Asset Oversight
20.12.2023
The Ghanaian securities regulator has established a task force which is expected to help it boost its capacity to regulate crypto assets. Ghanaian residents have continued to trade and invest in cryptocurrencies and this has forced the regulator to think of ways to protect crypto users. Gaining...
Bitcoin Struggles for Direction in Run-Up to Christmas + More News
19.12.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin Struggles for Direction in Run-Up to Christmas Hong Kong’s AIA Carnival to Accept Cryptocurrency Payments in Partnership with...
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation
29.10.2023
Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that...
Report: Africa-Focused Crypto Trading App Shut Down — Co-Founder Says Only Nigerian Users Affected
22.10.2023
The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected. Resign or Get Fired An Africa-focused crypto trading...
Bank of Ghana Launches Hackathon to Explore Various Use Cases of CBDC
12.10.2023
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with outstanding solutions are recognized. Addressing...
The 9th Connected Banking Summit – West Africa will be held on November 15 & 16 in Accra, Ghana
5.9.2023
The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security. The Summit, collocated...
Commodity tokenization is the economic aid Africa needs
15.8.2023
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid
African Fintech and Web3 Leaders to Convene at the Africa Money and DeFi Summit in Ghana
3.8.2023
The Africa Money and DeFi Summit, supported by Amazon Web Services, Pivo, and Fonbnk, aims to connect African fintech and Web3 industries with international players and will take place in Accra, Ghana, on October 3rd and 4th, 2023. With a focus on driving tech investments and fostering...
Study: Six Countries Account for Over 90% of Africa’s Crypto Interest in H1 2023
18.7.2023
Between Jan. 1 and July 4, the Nigerian share of Africa’s overall interest in cryptocurrency stood at 66.8%, a figure nearly eight times that of second-ranked South Africa’s share, according to the latest Coingecko report. South Africa, along with Morocco, Ghana, Egypt, and the Ivory...
How blockchain technology makes it easier for Africans to upskill
15.6.2023
The narrative that blockchain technology could revolutionize how people interact with technology in Africa may not be stale after all
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
29.3.2023
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it
How blockchain can help reimagine a new state in Africa
23.3.2023
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state