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Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has…
The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar…
Tanzanian billionaire Mohammed Dewji’s social media account was recently hacked by crypto scammers who promoted a fake digital asset, the “Tanzania token.” Tanzania Token The social media account of Tanzanian…
The East African nation of Tanzania has reportedly restricted access to the social media platform X (formerly Twitter). This ongoing outage has been confirmed by Netblocks, an internet observatory organization.…
Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile…
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for…
It's unclear what role crypto may play in the community, given Tanzania's central bank banned digital assets in November 2019.
The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.
More African countries are considering adopting Bitcoin as the local crypto market surged over 1,200% in one year.
The tour will begin in Zanzibar on Oct. 23 before continuing on to Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique, Zimbabwe, and Tanzania.