Tanzania adopts a ‘cautious’ approach to CBDC following preliminary research
The Bank of Tanzania is researching CBDCs and has yet to decide if the East African country needs a digital shilling.
Policy
Nigeria to implement legal frameworks for stablecoins and ICOs
The CBN highlights the importance of having a legal framework for stablecoins in a new strategy paper.
Morocco has developed a draft law for regulating crypto: report
Bank Al-Maghrib worked with the World Bank and the International Monetary Fund to develop the draft law.
Kenyan financial regulators are considering developing crypto rules
Five financial sector regulators, including the country's central bank and capital markets regulator, will set up a working group to develop crypto regulations.
Nigerian legislators considering bill to recognize bitcoin and other cryptocurrencies
The bill, if passed, will define the role of various local regulators. But questions are being asked of why industry participants have not been consulted
Kenyan lawmaker introduces crypto taxation bill
Cryptocurrency exchanges and traders in Kenya will be required to pay tax on every transaction if the bill is passed.
Report: Nigeria plans to tax crypto transactions in 2023
Nigeria follows in Kenya’s footsteps to tax cryptocurrency transactions.