BIS says token-based CBDCs like the eCedi pose counterfeiting and money laundering risks
The Bank of Ghana previously assured that the eCedi would keep with financial regulations while maintaining privacy.
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The eCedi will bridge the gap between the banked and unbanked – BoG Governor
Despite a successful pilot, the launch has been delayed due to several factors, including economic concerns such as rising inflation and the depreciation of the cedi.
UfarmX wants to create blockchain-based digital ‘credit scores’ for African farmers
The US-based startup is expanding its operations into Senegal after conducting pilots in Nigeria.
Kenyan legislators launch law changes for cryptocurrency taxation
The bill will now move to the next stage, where members of parliament will discuss and propose any changes they think are needed. If approved, it will be sent to the President for final approval.
Yellow Card integrates Block’s open-source protocol for cross-border payments
TBD said that cross-border transactions were only the first use case it considered for the tbDEX protocol.
South African financial regulator receives 128 crypto license applications
The number of applications received in November surpassed October’s total of 93 applications.
Why crypto company Bitmama acquired fintech startup Payday
Bitmama would gain access to Payday's customer base through this deal, bringing the crypto company one step closer to its objective of promoting crypto-based remittances in Africa.