97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Egypt
Egypt plans to launch its CBDC in 2030
Presently, the country wants to work on improving its economy and increasing financial inclusion.
Egypt’s journey towards digital pound implementation
Egypt is moving towards joining Nigeria, Kenya, Senegal, and South Africa in implementing CBDCs.
Morocco remains in top 20 for global crypto adoption despite ban — Chainalysis
Egypt, previously ranked as the fastest growing crypto economy worldwide, dropped out of the top 30, according to Chainalysis’ Geography of Cryptocurrency report for the MENA region.
Egypt and Ethiopia among six countries invited to join BRICS
This is the bloc’s first expansion in 13 years.
Egypt launches new ‘high interest’ dollar savings certificate
These certificates are valid for three years and available to Egyptian nationals or foreigners with a minimum deposit of $1000.
Egypt explores BRICS membership, plans to ditch US dollar for trade with BRICS nations
The country seeks to conduct international trade in the local currencies of BRICS countries.