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Tag: Africa

Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar

May 10, 2024 wp-bot Bitcoin News

Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record

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Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government

May 10, 2024 wp-bot Bitcoin News

The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange were solicited for a $150 million bribe by

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Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’

May 9, 2024 wp-bot Bitcoin News

A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the

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Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’

May 8, 2024 wp-bot Bitcoin News

Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous

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Chainalysis sets up regional HQ in Dubai amid local crypto boom

May 8, 2024 wp-bot Blockchain, Cointelegraph

Chainalysis relocates its regional headquarters to Dubai, reflecting the UAE’s progressive stance toward blockchain technology.

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Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms

May 8, 2024 wp-bot Bitcoin News

The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He

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Blockchain
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