Egypt eyes CBDC launch by 2030
Designed to run from 2024-2030, the Central Bank of Egypt is expected to pursue a central bank digital currency pilot to identify the ideal strategy for a national launch.
Latest Egypt News
Egypt AI strategy focuses on governance, environment and human resources
With the growing popularity of AI use cases, Egypt pushes for the second phase of its national AI strategy, with plans to launch initiatives centered on governance, environment, and human resources.
Egypt arrests 29 allegedly involved in $620K HoggPool digital asset scam
While digital assets are illegal in Egypt, HoggPool managed to lure investors since its launch in August before the founders vanished with the funds in February.
Bittrex International shuts down operations in 31 countries
The exchange will officially shut down operations on October 29, blaming it on regulatory uncertainty.
Egyptian central bank to establish cryptocurrency licenses
The Central Bank of Egypt has decided that crypto trading businesses need to seek licenses going forward, or be considered bad actors.
Government-owned Telecom Egypt linked to Monero mining software
Researchers found deep packet inspection middleboxes on Telecom Egypt which were similar to those found on Türk Telekom.