Auto Added by WPeMatico

Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies

The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies…

Continue ReadingCameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies

Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies

Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the…

Continue ReadingZanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies

South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised

A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw…

Continue ReadingSouth African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised

Botswana Does Not Have Regulatory Framework for Crypto — Central Bank

The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in…

Continue ReadingBotswana Does Not Have Regulatory Framework for Crypto — Central Bank

Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders

Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In…

Continue ReadingNigerian Central Bank Intensifying Fight Against Cryptocurrency Traders

Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of…

Continue ReadingGovernment Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned

Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has…

Continue ReadingCardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned

CBDC Could Increase Nigeria’s GDP by $29 Billion in 10 Years: President Buhari

The Nigerian president, Muhammadu Buhari, suggested in a recent speech that the new e-naira central bank digital currency (CBDC) could lead to an increase in the value of his country’s…

Continue ReadingCBDC Could Increase Nigeria’s GDP by $29 Billion in 10 Years: President Buhari

IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances

The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF)…

Continue ReadingIMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances