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Africa

Central Africa’s regional bank regulator reminds member states of digital currency ban
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19 May, 2022

Central Africa’s regional bank regulator reminds member states of digital currency ban

COBAC reiterated that the ban was put in place to ensure financial stability in the region, and as part of...
Akon on CoinGeek Backstage: Digital currencies will transform Africa
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12 May, 2022

Akon on CoinGeek Backstage: Digital currencies will transform Africa

Akon is pushing for positive change through digital currencies via his Akoin project, and as he told CoinGeek Backstage, he...
IMF: BTC adoption by Central African Republic is a concern
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10 May, 2022

IMF: BTC adoption by Central African Republic is a concern

The International Monetary Fund says the move raises major legal and economic policy challenges, even as experts, political and economic...
Uganda central bank issues warning against digital currencies
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7 May, 2022

Uganda central bank issues warning against digital currencies

The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while...
Central African Republic ‘forgot’ to inform its central bank of its BTC plans
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5 May, 2022

Central African Republic ‘forgot’ to inform its central bank of its BTC plans

The CAR passed a law that allows citizens to make payments in BTC, but the central bank has revealed it...
Central African Republic adopts digital currency regulation bill
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29 April, 2022

Central African Republic adopts digital currency regulation bill

The Ministry of Finance pushed the bill which parliament passed despite a spirited fight by opposition which says digital assets...
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