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Report: Central African Banking Regulator Says Crypto Ban Still Effective
15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
13.5.2022
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser...
Report: Tanzania Closer to Launching a CBDC
12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
12.5.2022
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African...
Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects
11.5.2022
Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research
MARA Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across Africa
11.5.2022
The exchange is holding Web 3 hackathons and launching products in a pan-African campaign
KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
10.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News
Paradigm Enters Africa With $30M Round for ‘Super App’ Jambo
10.5.2022
The Congo-based startup is building a platform for Web 3 user acquisition
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
10.5.2022
A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings
Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’
10.5.2022
A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that...
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
10.5.2022
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector
Quelle surprise: Central African bank scolds the CAR for Bitcoin adoption
9.5.2022
The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States
Africa’s top golfers to shoot for Bitcoin prize on Sunshine Tour
6.5.2022
Africa’s top golfers are set to receive Bitcoin prize money after ground-breaking sponsorship of the Sunshine Tour
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...
IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
5.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
Crypto.com's Rewards, "Secret" Bitcoin Legal Tender, Ethereum Fees, Hack & Bounty + More News
2.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto.com's Rewards, "Secret" Bitcoin Legal Tender, Ethereum Fees, Hack & Bounty + More News
Collection of South African Fine Wine Sold as NFTs
29.4.2022
Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South...
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency
28.4.2022
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly...
On Freedom Day, Bitcoin gives South Africans a stake in their financial future
28.4.2022
"Freedom Day means you are free to use your own money to live your best life," said BitcoinZAR, a Bitcoin advocate in South Africa
Central African Republic Has Adopted Bitcoin as Legal Tender - Reports
27.4.2022
The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so.
Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s...