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Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might…

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Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes

A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found…

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Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions

The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The…

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Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players

Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of…

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Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions

Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The…

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Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations

Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in…

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Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments

An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of…

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Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months

According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The…

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Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex

The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just…

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