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Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing…

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IMF Warns of Further Crypto Selloffs and More Coins Failing

A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees…

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Head of African Regional Central Bank Calls for Creation of Digital Currency

The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be…

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Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency

While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are…

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Ghana Ranked as Country With Second-Highest Debt Default Risk Globally

According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps),…

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IMF: Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out

The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it…

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Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation

The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after…

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Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory…

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