The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20–40% on naira banknotes. Threat to Naira Credibility The Nigerian
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Solanafrica Scam: Hackers Breach Ghanaian President’s X Account
Ghanaian President John Mahama announced on March 18 that he has regained full control of his X (formerly Twitter) account from hackers who used it
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De-Dollarization Push: African Payment Provider Tests Platform to Facilitate Local Currency Trade
An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to
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MTI Co-Mastermind Clynton Marks Arrested Over Unanswered Questions
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the
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Regulatory Hurdles Fail to Deter Binance’s Popularity in Nigeria
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods.
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Rwanda Unveils Draft Law to Regulate Virtual Assets, Providing Clarity and Oversight
Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently
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