IMF presents CBDC system to solve cross-border remittance issues
The system will not be built on public blockchain, as it is considered unsafe, costly and energy-consuming.
Ogechi Nelson
Morocco's central bank governor calls for caution in dealing with CBDCs
Jouahri emphasized the pressing need to thoroughly examine CBDCs.
Nigerian startup, Nearpays wins fintech and blockchain prize at Gitex Africa
Nearpays simplifies online payments by helping users to regain control over point-of-sale transactions.
Saudi-Based blockchain firm IR4LAB extends operations to Africa
According to the firm, the decision is driven by a dedication to the continent and its plan to foster innovation in advanced technologies.
Bitcoin fraud suspect denied bail in Zimbabwe
The suspect allegedly duped an eye specialist of $457,000 worth of cryptocurrency between October 2021 and March this year.
Bank of Tanzania admits to dollar shortages but claims it's not a crisis
Foreign exchange reserves had decreased to $4.9 billion by May 2023 from $5.5 billion in May 2022.
Mara partners NITDA to train government workers on blockchain technology amidst layoff controversy
The firm has conducted two rounds of layoffs within a span of six months, sparking concerns.