Report: Nigeria and Morocco among top 10 countries interested in meme coins
Nigeria ranked 5th in the table, ahead of Australia, New Zealand and Canada. Morocco ranked 10th.
Ogechi Nelson
Nestcoin spins off crypto gaming project MVM as part of a larger restructuring move
Metaverse Magna (MVM) also has a new CEO who is looking to grow the company via its new gaming platform Hyper.
P2P bitcoin platform Paxful resumes operations after month-long hiatus
The platform initially suspended its marketplace due to concerns over regulations and internal instabilities.
Mauritius plans to pilot a CBDC before the end of 2023
The country’s central bank says it is considering rolling out the digital rupee pilot phase as soon as November — after a sandboxing exercise
Inflation in Africa: Latest data shows worsening figures across the board
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
Nigeria approves national blockchain adoption policy over two years after initial draft
The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.