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.
News
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
South Africa-based USSD bitcoin transfer service launches in Ghana
The service will allow Ghanaian users without internet access to send and receive bitcoin.
Fedi secures $17 million in funding to drive bitcoin adoption via communities
Built on the closely named open-source protocol, Fedimint, Fedi allows people in the global south to overcome the technical challenges of safely using bitcoin.
Nigeria approves national blockchain adoption policy over two years after initial draft
The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.
Nigeria’s SEC is willing to license asset-backed tokens but not crypto
The Nigerian Securities and Exchange Commission's continued decision to exclude crypto assets casts shadows on hopes that the CBN might change its stance on crypto anytime soon.
Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance
Crypto exchanges in Kenya will soon be mandated to pay a 1.5% duty on every commission received by Kenyans.