Africa Financial News

22.01 / 10:27

Adoption regulation Africa bills remittances Framework Central African Republic eyes legal framework for crypto adoption

Central African Republic (CAR), a developing country in Central Africa, set up a 15-member committee responsible for drafting a bill on the use of cryptocurrencies and tokenization in the region.

11.01 / 18:07

Africa Lightning Network lightning Bitcoin bitcoin lightning Nigerian innovator launches first active Bitcoin Lightning node in the country

A Bitcoin Lightning Network node (BTC) has struck the earth in one of the most challenging operating environments. Lagos, the capital of Africa’s most populous country, Nigeria, welcomed a new Bitcoin Lightning node this week, a vital step to better connect the continent to the layer-2 payments network atop Bitcoin, the Lightning Network (LN).

08.01 / 18:37

Government Africa Bitcoin Bitcoin, Sango Coin and the Central African Republic

In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender.

03.01 / 13:09

Adoption regulation Africa Framework regulatory Morocco finalized crypto regulatory framework: Central Bank

The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders.

27.12 / 19:15

SEC Africa Fidelity Investments Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading

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

27.12 / 17:21

Africa Freedom Bitcoin NOT Making the case that Bitcoin is not freedom: Pacific Bitcoin Panel

"Bitcoin (BTC) is Freedom" is one of Bitcoin’s many epithets. Like “Bitcoin is digital gold,” “Bitcoin is property,” or even Bitcoin is absolute digital scarcity, these phrases ricochet around the walls of Bitcoin-themed conference arenas. They’re also memed into eternity on social media.

20.12 / 16:25

Investments Africa Bitcoin Sango Coin listing postponed by Central African Republic

The Central African Republic has announced it will delay the listing of cryptocurrency, Sango Coin, on crypto exchanges due to current market conditions and marketing reasons. The update was revealed in Sango’s Telegram group.

14.12 / 17:51

Adoption Africa Podcast Bitcoin Fonbnk’s Michael Kimani sorts out facts on crypto adoption in Africa

The African continent has been tipped as an important market for crypto adoption due to its young population, lousy economic management by governments and lack of efficient financial infrastructure to connect the continent internally and globally.

12.12 / 13:55

Africa Lightning Network Bitcoin network bitcoin lightning Bitcoin Lightning Network to be used in fiat transfers between EU and Africa

The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between CoinCorner and Bitnob opens a way for users across continents to perform cross-border transactions involving multiple fiat currencies.

09.12 / 16:53

Adoption Africa Energy Bitcoin Power Bitcoin mining project in Kenya helps power rural community

A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC).

04.12 / 21:53

business Africa AAX clients storm exchange's office in Lagos following operational halt

Nigerian customer's of the crypto exchange AAX reportedly attacked the company's office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3.

21.11 / 22:07

regulation Africa Taxes Kenyan legislation establishes crypto taxation, creates consumer protections

An amendment was introduced to the Kenyan law in capital markets on Nov. 21 that would require those who own or deal in cryptocurrencies to provide the country’s Capital Markets Authority with information on their activities for tax purposes, local media report. This is the first time Kenya has extended financial regulation to cryptocurrency.

02.11 / 17:41

Adoption Africa Fiat Money We need to move a lot faster on Global South Bitcoin adoption — Paxful CEO

Cointelegraph hit the gym with Ray Youssef, co-founder and CEO of Paxful, to tackle Bitcoin adoption in the Global South. In between sets and a little out of breath, Youssef told Cointelegraph, “The Global South is where we should be looking” for Bitcoin (BTC) adoption.

27.10 / 17:11

Blockchain Adoption Africa exchanges Backed Coinbase, Alameda-backed Mara launches African crypto wallet service

Some two million users in Nigeria and Kenya are set to be onboarded to a new cryptocurrency wallet backed by the likes of Coinbase Ventures and Alameda Research.

26.10 / 18:35

Africa BitOasis Crypto News Summary: BitOasis Partners With Mastercard, Gate.io Signs MoU With Busan, Seba Launches Custody Platform for NFT Storage

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

24.10 / 16:29

regulation Africa Bitcoin Pan-African crypto exchange Yellow Card wins virtual asset license

African crypto exchange Yellow Card has received significant regulatory approval to continue expanding its operations across the continent.

29.09 / 15:31

Adoption Africa Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use.

28.09 / 16:41

CBDC regulation Africa inclusion Financial Bank of Ghana to foster financial inclusion through CBDC project

As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with the goal of financial inclusion according to Kwame Oppong, the head of fintech and innovation at the Bank of Ghana.

17.09 / 16:23

Africa Queen Elizabeth II European Commission Royal Family Returns Oktoberfest returns after 2 year hiatus - in pictures

Oktoberfest is back in Germany following a two-year hiatus due to the Covid-19 pandemic.

17.09 / 13:59

Africa Queen Elizabeth II European Commission Royal Family Hungary faces EU judgement day that could hammer its economy

Hungary is facing a reckoning with Brussels over corruption concerns that could cost Budapest billions.

17.09 / 11:07

Africa Queen Elizabeth II Royal Family Iranian President orders investigation into violent death of woman arrested by 'morality police'

Iranian President Ebrahim Raisi has ordered an investigation into the death of a young woman who was arrested by the country's "morality police" for wearing an inappropriate headscarf.

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