Nigerian Presidential says he supports digital currencies but wants the industry to be regulated.
Bukola Saraki, a presidential candidate in Nigeria, recently stated that he supports the digital currency industry, claiming that it has created opportunities for the...
Bitcoin Adoption in the Central Africa Republic: The Real Work Must Begin Now
The Central African Republic's (CAR) unexpected adoption of bitcoin demonstrates that the top cryptocurrency can be used as a substitute for fiat currency. However,...
The Nigerian Securities and Exchange Commission (SEC) has announced new rules for issuing digital assets.
New rules governing the issuance of digital assets have been announced by Nigeria's securities regulator. Platforms that offer digital assets must also register under...
Nigeria’s crypto restrictions and Twitter ban have ‘crippled foreign direct investment in the fintech industry,’ according to the country’s finance ministry.
According to a new report, Nigerian authorities' ban on Twitter and restrictions on cryptocurrency trading have "crippled foreign direct investment in the fintech industry."
A...
The Central African Republic’s adoption of bitcoin, according to the IMF, poses risks.
The International Monetary Fund (IMF) has joined the chorus of critics of the Central African Republic's (CAR) decision to adopt bitcoin. According to the...
Tanzanian officials want international clarity on CBDCs and cryptocurrencies.
Tanzanian financial sector officials have called for a more defined global agreement on central bank digital currencies (CBDCs) and crypto-assets. Officials agreed that more...
Relevant Laws to be Finalized in 2022, according to the South African Treasury on Crypto Regulations.
The South African Treasury has said it expects the proposals to include crypto asset service providers as accountable institutions within the Financial Intelligence Centre...
Crypto Exchange Binance Restricts 281 Nigerian Accounts
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these...
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