Kenyan financial watchdog seeks public input on cryptocurrencies
The Financial Reporting Centre is asking citizens to engage in shaping the nation’s stance on cryptocurrencies.
Policy
Q&A: Angola can become a hub for cryptocurrency mining in Africa
The country, which has seen more crypto-mining operations than most on the continent, is looking to regulate the industry.
Expert warns that banning bitcoin mining could hurt crypto adoption in Angola
However, he believes the Angolan government should merely regulate rather than prohibit all forms of crypto-mining activities in the country.
Nigerian bureau de change union asks the government to ban Binance
ABCON believes the continued operation of Binance in the country threatens the naira’s stability.
World Bank suspends funding to Uganda over anti-LGBTQ law
The bank said the law was in opposition to its values and goals.
Angola moves to regulate virtual assets and ban cryptocurrency mining
The country’s decision-makers believe crypto mining is interfering with the country’s electricity supply system.
RBZ’s CBDC set to be used for transacting in a month
The bank hopes to use the CBDC to tackle hyperinflation in the country and provide an alternate store of value for Zimbabweans.