I often come across tweets by people, mostly not from Africa, who think bitcoin doesn’t have a use case. They think it’s just a currency…
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IMF calls for tighter crypto regulation in Africa as the industry unfolds
FTX’s collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund.
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BIS report finds uneven progress, differing motivations in African CBDC adoption
A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC.
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IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to
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Kenyan legislation establishes crypto taxation, creates consumer protections
The country’s first effort at crypto regulation amends its Capital Markets Law to define crypto as a security and establish reporting, tax and other requirements.
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Nigerian Web3 Startup Says Funds Are Stuck With FTX, Lays Off Employees
Nestcoin, a Nigerian Web3 startup which got an investment from Alameda Research in 2021, revealed on Nov. 14 that it had “a significant proportion of
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