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Gamers vs. NFTs, Delayed Bitcoin & Ethereum ETFs, Ukrainian Refugee Crypto Card + More News
26.4.2022
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: Gamers vs. NFTs, Delayed Bitcoin & Ethereum ETFs, Ukrainian Refugee Crypto Card + More News
Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News
25.4.2022
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: Bored Apes Attacked, Bitcoin Sees Inflows Again, Ethereum Outflows Drop + More News
Unearthing the Truth About Central African Republic ‘Bitcoin Legal Tender’ Reports
25.4.2022
Confusion reigns as reports in the international press have variously claimed that the Central African Republic (CAR) has “adopted bitcoin (BTC)” as “legal tender” – while other media outlets appear to suggest that the country has actually done nothing of the sort, and instead approved a legal...
The Central African Republic reportedly passes a bill to regulate crypto use
25.4.2022
The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses
Wildlife conservation efforts turn to NFT-funded initiatives
21.4.2022
Coorest and the PLCnetwork of the Southern Hemisphere believe that blockchain and NFT technology are a solution for protecting endangered wildlife and funding costly conservation areas
Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
21.4.2022
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory...
Four years on, Telegram’s blockchain project gains ground in Africa
19.4.2022
After raising $250 million from a host of mainstream entities such as Huobi, Kucoin and MEXC, TON’s recent global adoption seems to be rapidly increasing
Andre Cronje sees a 'necessity for regulation' ahead of crypto's new era
18.4.2022
A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space
Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa
14.4.2022
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged...
Russia should use crypto for payments with Africa, commerce exec says
14.4.2022
Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex
12.4.2022
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s...
Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets
11.4.2022
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under...
Here’s what’s happening in Web3 across Africa
10.4.2022
Leading blockchain protocols and other actors jockey for position in the race to build and mold Africa’s emerging Web3 economy
Cardano/IOHK Plans to Launch the Ethiopia Student Blockchain Project in ‘Next Two Months’
8.4.2022
A project the team behind Cardano (ADA) to equip students in Ethiopia with digital identities and credentials is moving forward, with a planned launch of the first phase set to happen “in the next two months.”
John O'Connor, Director of African Operation at Cardano development firm Input Output...
RegTech Africa Conference to Drive Growth and Shape the Digital Economy
8.4.2022
Inaugural Advisory Council to promote innovation, diversity, and growth across the Continent LAGOS, NIGERIA, The maiden edition of the annual Regtech Africa Conference has been slated to hold on Wednesday 25th of May, 2022. The RegTech Africa Conference is the premier gathering of regulators...
South Africa finishes technical PoC for wholesale CBDC settlement system
8.4.2022
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs
Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
7.4.2022
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced...
Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...
With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
29.3.2022
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks" as the demand grows
Quidax Unveils One of Africa’s Biggest Music Producers as Its Brand Ambassador and Announces the Launch of Its Crypto Academy
28.3.2022
PRESS RELEASE. At a press conference last week, African founded cryptocurrency exchange, Quidax announced that it will be collaborating with popular record producer, Micheal Collins popularly known as Don Jazzy. The crypto start-up had launched an online campaign with #TheQuidaxCall. The campaign...