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.
Policy
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.
Zimbabwe plans to launch gold-backed digital currency to counter hyperinflation
This is the latest move by the bank to battle runaway inflation, a depreciating currency, and a dollarized economy, and it is coming amidst controversy in the country’s gold sector.
CBN preaches eNaira adoption to Nigerian university
The eNaira could potentially be used to pay salaries of federal workers, a CBN official said.
Lagos state, Nigeria, to consider incorporating blockchain education into school curriculum
The government of Lagos — Nigeria’s bubbling tech and business hub — continues to make promises to support blockchain.
Zambia to finish testing cryptocurrency regulatory technology by mid-year: Reuters
The southern African country hopes to develop regulations that promote innovation while keeping citizens safe.
Crypto-friendly Seychelles is developing policy to rein in digital asset companies: Report
The country's finance minister says complaints about crypto activities in Seychelles are increasing.