Africa
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Binance’s Bribery Allegations Against Nigeria May Affect Foreign Investments into the Country
Nigerian local authorities arrested two Binance visiting executives under the pretext of tax evasion. The executives made the visit to…
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Nigerian SEC to Increase Registration Fee for Cryptocurrency Exchanges
Nigerian SEC has increased fees for cryptocurrency exchanges applying for registration. The regulator recently updated their guidelines noting that custodial…
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Hong Kong Company Partners with Ethiopian Investment Holdings to Establish $250M Data Center
After discovering a cheap energy source in Africa, key Bitcoin miners have demonstrated interest in expanding to the region. In…
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SA Pioneers Africa’s Crypto Regulations As FSCA Licensed 50 Firms
In a recent report, the Financial Sector Conduct Authority (FSCA) of South Africa is set to grant about 50 digital…
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Web3 Adoption Faces Regulatory Difficulties in Africa
Jathin Jagannath is a Web3 developer who designed the Cartesi project. Recently, he talked about the importance of growing digital…
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Nigeria’s Central Bank Approves cNGN Stablecoin
The Stablecoin Consortium of Africa (ASC) has granted permission to cNGN issuer. The firm noted that the stablecoin namely cNGN…
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Bitcoin Interest: El Salvador Clinch Top Spot, Brazil Displaces Nigeria
El Salvador Tops Global Bitcoin Enthusiasm El Salvador has continued to lead the global Bitcoin enthusiasm standing, demonstrating a strong…
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Mauritius Financial Regulator Seeks Public Feedback Regarding Metaverse Integration
Seeking Clarity Mauritius Financial Services Commission (FSC) has initiated a feedback collection process on integrating the metaverse into the country’s…
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Crypto Solves Real-World Problems For Africans Than The West – Executives
According to startup executives, cryptocurrency in Africa helps solve real-life problems, unlike in the West, where investors seek to speculate…
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Nigeria’s Regulator Orders Crypto Exchange Binance to Halt its Operations
Binance is one of the biggest cryptocurrency exchanges in the world. Recently, the crypto sector has been shocked by the…
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Nigeria Imposes 10% Tax on Capital Gains from Crypto
Legislators in Nigeria have implemented new laws on local cryptocurrency trading practices. The new regulations have now levied a 10…
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Bitcoin to Support Reliable Energy Infrastructure in Rural Areas of Africa
According to careful statistics around 500 million people hailing from Africa live in rural areas. Life outside of the city…
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Kenyan Legislators Set to Impose 3% Tax on Crypto Assets
An official report from the Kenyan Finance Ministry reveals that the incoming budget will impose a 3% crypto tax to…
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Binance May Halt US Operations As Part Of Settlement With CFTC – Bernstein
Following the recent lawsuit against Binance and its CEO, Changpeng Zhao, by the US Commodity Futures Trading Commission (CFTC), world-renowned…
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Germany’s Dwpbank Unveils Bitcoin Trading Platform For Affiliated Banks
Despite uncertainties in the crypto market, traditional banks have continued churning out new digital asset trading tools. The Deutsche WertpapierService…
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How Africa Can Use Blockchain To Redefine A New Nation-State – Blockchain Enthusiast
A recent discussion with blockchain innovators highlights how Africa can reimagine its statehood using the powers of Web3. The co-founder…
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