Nigeria to implement legal frameworks for stablecoins and ICOs
The CBN highlights the importance of having a legal framework for stablecoins in a new strategy paper.
Ogechi Nelson
Nigerian legislators considering bill to recognize bitcoin and other cryptocurrencies
The bill, if passed, will define the role of various local regulators. But questions are being asked of why industry participants have not been consulted
Six of eleven African countries reported an inflation rate drop in November
African consumers are beginning to see steadier prices as 2022 nears its end, according to the latest inflation figures.
Kenyan lawmaker introduces crypto taxation bill
Cryptocurrency exchanges and traders in Kenya will be required to pay tax on every transaction if the bill is passed.
Report: Nigeria plans to tax crypto transactions in 2023
Nigeria follows in Kenya’s footsteps to tax cryptocurrency transactions.
South Africa adds crypto businesses to ‘list of accountable institutions’
Crypto entities join banks, estate agents, and dealers in foreign currency on the list of accountable institutions in South Africa.
Strike partners with Bitnob to facilitate Bitcoin-powered remittances to Africa
Africans can now receive low-cost and fast payments in their local currencies, powered by the Lightning Network. But there are questions on whether the process introduces credit, a feature of the traditional remittance system.