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New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

January 25, 2023 admin Advertising Regulatory Board (ARB), Africa, capital loss warning, consumer protection, crypto influencers, crypto investing, Gail Schimmel, self regulation

Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing

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Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

January 20, 2023 admin Africa, Central Bank of Somalia, high inflation, International Monetary Fund (IMF), Siad Baare, US dollars, World Bank

According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and

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New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs

January 10, 2023 admin Africa, Cashless Economy, Central Bank of Nigeria (CBN), Digital Currencies, initial coin offerings (ICOs), Nigeria Securities and Exchange Commission (NSEC), Nigerian Securities and Exchange Commission (NSEC)

According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory

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Report: Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists

December 27, 2022 admin Africa, Cashless, cbn, Central Bank of Nigeria (CBN), Department of State Services (DSS), Godwin Emefiele, Muhammadu Buhari

The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank

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Zimbabwean Central Bank Launches CBDC Consumer Survey

November 11, 2022 admin Africa, CBDC, central bank digital currency, Cryptocurrency, rbz, Reserve Bank of Zimbabwe, zim dollar

The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions

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Eswatini Central Bank Partners With German Firm to Explore CBDC

October 19, 2022 admin Africa, CBDC, Central Bank of Eswatini, Digital Currency, digital lilangeni, Giesecke Devrient, IMF, Phil Mnisi, World Bank

Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central

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News 

Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report

September 30, 2022 admin Africa, Capital Controls, cross border transactions, crypto transactions, crypto volume, economic volatility, p2p exchanges

According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global

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News 

Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

September 28, 2022 admin Africa, Black market exchange rate, Central Bank of Nigeria, inflation rate, monetary policy committee, monetary policy rate, MPC, naira depreciation, naira exchange rate

Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary

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Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

April 14, 2022 admin Africa, african, board of trade, chamber of commerce, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, international trade, News, Payments, proposal, Proposals, restrictions, Russia, russian, Sanctions, Settlements, trade, Ukraine, War

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for

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Recent Posts

  • Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’
    During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with
  • India to Introduce Measures Around Crypto This Year, Says Government Official
    The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors. India Could Introduce Crypto Measures This Year India’s Economic Affairs Secretary Ajay Seth
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    The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately 8 minutes 54 seconds to 9 minutes 31 seconds. However, since
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