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Africa

Nigeria ends 3-year ban on naira payments for remittances
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20 July, 2023

Nigeria ends 3-year ban on naira payments for remittances

Nigeria has now lifted a ban that it placed in 2020 allowing remittance payments only in the USD—experts say the...
Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’
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19 July, 2023

Africa’s largest bank wary of digital assets, wants to be a ‘fast follower’

Standard Bank CEO Lungisa Fuzile says that the bank is approaching digital assets cautiously in fear of an implosion, but...
Namibia passes bill to regulate local digital currency industry
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10 July, 2023

Namibia passes bill to regulate local digital currency industry

Under the new law, the country’s finance minister has the power to appoint entities to serve as the regulatory authority,...
Kenyan president signs Finance Bill, demands 3% tax from digital asset traders
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5 July, 2023

Kenyan president signs Finance Bill, demands 3% tax from digital asset traders

The Finance Bill has come under heavy criticism for its new taxes, including a 3% tax on digital asset sales,...
Bernhard Müller talks Centbee partnership, Centi franc stablecoin on CoinGeek Backstage
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4 July, 2023

Bernhard Müller talks Centbee partnership, Centi franc stablecoin on CoinGeek Backstage

Centi partnered with Centbee to power remittances from Switzerland to African countries, and combined with the all-new Centi stablecoin, it...
Africa, ASEAN enter into landmark partnership agreement to promote digital economies
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4 July, 2023

Africa, ASEAN enter into landmark partnership agreement to promote digital economies

This agreement between Africa and ASEAN marks the beginning of the collaboration in the two regions in areas like payments,...
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