RBZ finalizes P2P platform for gold-backed CBDC
The move is aimed at reducing the demand for US dollars and providing an alternative currency and store of value.
Policy
Nigeria’s SEC warns against ‘Binance’ — just not that Binance
The Nigerian capital market regulator says “Any member of the investing public dealing with the entity is doing so at his/her own risk.”
CAR’s parliament passes law on tokenization of its resources
Non-nationals of the country can now hold rights to the country’s mineral resources by investing in the Sango coin.
Q&A: Blockchain Association of Kenya offers a breakdown of proposed tax bills
Kenya has proposed at least three crypto-related tax bills over the past year — two since April 2023. Here’s what these proposals mean for you.
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.
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.
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.