Solving for Financial Literacy in digital assets
Jefferson Noel delves into the importance of financial literacy amid growing interest in digital assets and seeks to help common people gain insight into the industry through his Crypto Convos.
Latest Africa News
Travel Rule now applies to VASPs in South Africa, but Centbee has been ready for years
The Travel Rule has focused on banks, but a recent amendment has broadened it to include VASPs, and as Centbee revealed, it preempted the rule months ago.
Gbemi Akande: Finding blockchain opportunities in Africa
Speaking on this week’s CoinGeek Conversations, Pacer Ventures co-founder Gbemi Akande says there’s a growing population of young technical talent in Africa which makes the continent “a good place to explore what blockchain can do in solving societal problems and business problems.”
eNaira hits $10M in transactions as Nigeria central bank targets 10-fold growth
The eNaira adoption has been lackluster, with the total transaction volume over the past year being just a fraction of the digital assets trading volume.
South African Reserve Bank promotes digital assets-friendly behavior from financial institutions
The Prudential Authority, the arm of the SARB that oversees financial institutions, urges banks to adopt a risk assessment approach to virtual assets service providers.
Zimbabwe central bank invites public comments on CBDC
The CBDC is one of the measures the central bank is looking to utilize in tightening monetary policy to "sustainably anchor inflation and exchange rate expectations."
South Africa’s digital assets taxation regime poses challenges to investors, legal expert says
The South African Revenue Service defines digital assets as all items stored on a distributed ledger on decentralized networks, including currency and non-currency assets.
The Bitcoin Association for BSV appoints Dr Catherine Lephoto as a new ambassador in the EMEA region
Dr. Catherine Lephoto, executive sales director at VX Technologies, will work with the Bitcoin Association for BSV to provide the EMEA and African regions with a stable blockchain infrastructure for the future.
Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank
The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in a $52 million money laundering scandal.
Central African Republic’s Sango Coin goes on public sale
The CAR Sango Coin is going for $0.10 currently before rising to $0.15 in the next phase and listing for $0.45 as the government targets raising $1 billion.
Domineum’s successful Blockchain Developers Summit shines spotlight on BSV blockchain
The two-day event attracted hundreds of attendees, with blockchain’s role in Nigeria’s development and the unmatched potential of BSV being the standout themes.
Central Africa’s regional bank urged to issue a common digital currency for its members: report
If the move is implemented, the nations collectively known as CEMAC will be the first to introduce a regional digital currency, while BAEC will be the first regional bank to issue a CBDC.