Africa

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
M-Pesa breaks into Ethiopia where digital currencies have been declared illegal
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15 May, 2023

M-Pesa breaks into Ethiopia where digital currencies have been declared illegal

Mobile money service M-Pesa becomes the first service to challenge the state-backed Telebirr in mobile money, even as Bitcoin remains...
Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...
Africa and blockchain—a perfect match
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4 May, 2023

Africa and blockchain—a perfect match

The region continues to adopt blockchain at the highest pace globally, and investors are taking note as it recorded a...
Nigeria SEC weighing allowing tokenized assets, ‘but not crypto’
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2 May, 2023

Nigeria SEC weighing allowing tokenized assets, ‘but not crypto’

The Nigerian securities regulator says it will allow exchanges to trade tokens backed by debt, equity, or property, but will...
Solving lack of financial inclusion in Africa with Wleepay
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27 April, 2023

Solving lack of financial inclusion in Africa with Wleepay

On this week’s CoinGeek Conversations, Lionel Bernard talks about Wleepay, a company that offers mobile financial services to the unbanked...
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