$CAR President’s memecoin: real or a hack?
Faustine-Archange Touadéra appeared to have announced the launch of the $CAR memecoin on social media in a manner typical with hacking scams.
Crypto in Africa
South African startup 6DOT50 introduces crypto payment for car purchases
6DOT50 will allow its users pay for their automobiles directly with their cryptocurrency at 1400 locations in South Africa.
SARB governor opposes crypto lobbyists influencing government decisions
Kganyago is unmoved by calls for government-owned bitcoin reserves, claiming the cryptocurrency is no different from apples and beef.
Kenya’s apex court upholds 3% Digital Asset Tax
Meanwhile, the KRA said it is working on a system to ensure real-time compliance with the tax regime.
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison
Binance disputes claims about its earnings in Nigeria, while legal battles intensify amid the six-month detention of employee, Tigran Gambaryan.
Binance exec in Nigerian prison denied access to legal team amidst worsening health
Tigran Gambaryan’s legal team has not been allowed into the prison since July 26 while Gambaryan has suffered additional health complications.
Nigerian SEC mandates crypto firms to open local offices for regulatory sandbox participation
Nigeria's SEC unveils strict requirements for crypto firms, including local presence and hefty penalties, as it seeks to regulate the burgeoning digital asset market amidst global challenges.