Ghana’s SEC sets up committee on crypto regulations
The SEC’s Director-General said that the Commission formed the task force to help it develop the capacity to regulate crypto assets.
Policy
Kenyan legislators launch law changes for cryptocurrency taxation
The bill will now move to the next stage, where members of parliament will discuss and propose any changes they think are needed. If approved, it will be sent to the President for final approval.
South African financial regulator receives 128 crypto license applications
The number of applications received in November surpassed October’s total of 93 applications.
Seychelles Financial Services Authority clamps down on unregistered virtual assets service providers
The island has seen more activity from global crypto companies than most African countries due to its relaxed KYC guidelines and loose virtual asset regulations.
IMF expands Kenya’s financing package to $938 million
The additional funding will strengthen the country’s reserves before its $2 billion Eurobond payment in June.
South African tax body adopts crypto-assets reporting framework
SARS wants to integrate the Crypto Asset Reporting Framework (CARF) into national law as part of its commitment to regulatory measures.
Mauritius wants to integrate the metaverse into its financial system
Integrating the metaverse into Mauritius’ financial sector can birth new financial innovations, the Financial Service Commission wrote.