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Nalezeno "Africa ": 1898

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

18.7.2022
A crypto lending platform still hopes to stay afloat, but experts doubt such probability

Africa can create an inclusive society with blockchain, says LBank CEO

18.7.2022
Allen Wei, the CEO of LBank exchange, told Cointelegraph that blockchain could contribute to the creation of a robust economy in Africa

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

18.7.2022
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned...

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

17.7.2022
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services....

South African exchanges welcome the new 'crypto is financial asset' ruling

14.7.2022
Major South African exchanges have welcomed the central bank’s plans to regulate cryptocurrencies as financial assets

Bitcoin not a currency? South Africa to regulate crypto as financial asset

13.7.2022
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months

Report: South Africa’s Famed Krugerrands Collection Set to Be Tokenized

13.7.2022
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint and will be available on the firm’s...

Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution

12.7.2022
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa. Credit Extended Based on Drivers’ Performance and Revenue Analytics The British...

Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows

10.7.2022
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that...

Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

9.7.2022
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed...

5 events that could put an end to the current crypto bear market

8.7.2022
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’

8.7.2022
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. CZ’s Meeting With...

Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move

6.7.2022
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only solution to the CAR’s money problems. Formal Economy Not an Option Central African Republic...

Central Africa Rolls Out Sango Coin Amid Transparency, Credibility Worries

4.7.2022
The Central African Republic (CAR)'s authorities unveiled a new crypto project, dubbed Sango Coin, which President Faustin-Archange Touadéra launched as the country's national cryptocurrency in an online event, but hopes for a major push for crypto adoption in Africa have been partially replaced...

Kuwait-Based Islamic Bank Enters the Metaverse

3.7.2022
Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been...