Tanzania Financial News

20.04 / 20:41

Blockchain Adoption regulation Crypto exchange Roqqu receives South African approval to expand operations

Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports.

14.03 / 12:23

Blockchain UPS Ethereum Provident Progressive Platform Cardano (ADA) gets ready for an upswing, Polygon (MATIC) and RenQ Finance (RENQ) show signals of strength in a mixed market sentiments.

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24.01 / 17:15

Government Law Adoption regulation us government Central Bank Cash Winter Olympics Amid crypto winter, central banks rethink in-house digital currencies

Over the last couple of years, numerous reports have surfaced regarding governments worldwide exploring the issuance of their very own central bank digital currency. In fact, to date, nine countries have rolled out an active CBDC offering. In this regard, China’s digital yuan witnessed widespread use during the 2022 Winter Olympics.

16.01 / 05:31

business Adoption Central Bank Tanzania ‘cautious’ on CBDC adoption after initial research

Tanzania's central bank says it is still considering the introduction of a central bank digital currency (CBDC) but will be a taking "phased, cautious and risk based approach" after identifying several challenges that could impact its implementation.

13.01 / 00:27

business Europe Nigerian crypto exchange Roqqu receives European virtual currency license

Nigerian crypto exchange Roqqu was granted a virtual currency license for the European Economic Area, after two years waiting for the permission from regulatory authorities. The move allows the firm to operate in 30 countries and broaden its services within one of the world's largest crypto markets.

25.11 / 01:01

regulation IMF IMF calls for tighter crypto regulation in Africa as the industry unfolds

The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22.

10.05 / 08:33

Africa Central Bank restrictions Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

The Central Bank of Nigeria (CBN) is moving ahead with plans to upgrade the country’s central bank digital currency (CBDC) to be used on a wider range of goods and services. It is also maintaining harsh crypto restrictions that cripple the country's fintech sector.

10.04 / 14:17

Government Blockchain Africa Bitcoin Here’s what’s happening in Web3 across Africa

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up.

16.03 / 14:43

CEO Luno Stealth Luno launches investment arm to back crypto and fintech startups globally

Operating in stealth mode over the past few months, Luno Expeditions has already invested in over 20 crypto and fintech companies, including a crypto compliance solution in Israel, an NFT marketplace in the United States, a bank dedicated to women in Pakistan and a remittance outfit in Tanzania.Marcus Swanepoel, Luno co-founder and CEO comments: “We know how hard it is to build a company, especially in the fintech space, and with our deep experience building, scaling and operating fintech businesses in some of the hardest markets in the world, we’re looking to support a new generation of entrepreneurs from all over the world do the same.”

18.02 / 18:33

Forecast Cardano Survey ADA Time No New All-Time Highs This Year for Cardano, But Price Could Surge by 2030 - Survey

Cardano’s native token ADA is not expected to see new all-time highs this year, but could still rise to more than USD 8 before the end of 2025, while a whopping USD 58 is possible by 2030, said a panel of industry experts surveyed by the comparison website Finder.

21.01 / 20:45

business Africa Coronavirus Crypto-loving anti-vax group seeks like-minded talent to live in African 'paradise'

A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is at an all-time high — is reportedly looking for a cryptocurrency expert to join them in Africa.

26.11 / 21:33

business Africa Central Bank Tanzania reportedly makes plans to launch CBDC

The Bank of Tanzania is reportedly planning to introduce a central bank digital currency, or CBDC, for the African nation after neighboring countries announced similar initiatives.

26.11 / 19:09

Adoption Africa Bitcoin Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

15.11 / 17:01

Adoption Cardano Bitcoin Tanzania’s Zanzibar reportedly exploring ways to adopt crypto

Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC).

11.11 / 12:35

Twitter FTX leads $150m Series C extension for Chipper Cash

Founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, Chipper Cash is a mobile app that lets people transfer money across borders, fast and cheaply.Currently available in seven African countries - Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda - as well as the UK, the startup claims to have four million users.The firm is looking to expand to new countries and has recently introduced a crypto product and will soon let users invest in US

08.11 / 03:13

Twitter FTX leads $150m Series C extension for Chipper Cash

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