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.
Morocco
France national who purchased Ferrari with bitcoin in Morocco gets an 18-month jail term
The accused, who claimed ignorance of the ban on cryptocurrency in the country, was also directed to pay fines of up to €3.8 million.
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.
60% of African countries recorded lower consumer prices in December
Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.
Morocco has developed a draft law for regulating crypto: report
Bank Al-Maghrib worked with the World Bank and the International Monetary Fund to develop the draft law.
BIS survey finds differing motivations in African CBDC adoption
More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.
October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries
Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.