The Bank of Central African States is set to launch a central bank digital currency (CBDC). This bank serves several regions, including Cameroon, Chad, Equatorial Guinea, the Republic of Congo, the Ce...
Tag: African
Board urges Bank of Central African States to introduce common digital currency: Report
The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be...
Bank of Central African States to introduce common digital currency
The Central African Republic passed legislation adopting Bitcoin as legal tender in Apri African nations could face significant challenges introducing cryptocurrencies CAR is yet to recognize CBDC Th...
Central African States Bank Board Urges Adoption of Uniform Digital Currency
The board of the Bank of Central African States (Banque des États de l’Afrique) has urged the regional financial authority to create a uniform digital currency that will serve the region. Bloomberg re...
Central African Regional Bank Seeks to Introduce Common Digital Currency
The board of the Bank of Central African States (BEAC) has urged the central bank (serving six central African countries) to introduce a common digital currency that can be used across its six member ...
Bank of Central African States Urged to Introduce Common Digital Currency: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Register Here for a Weekly Update on African News – Promoted Bitcoin News
The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future. For instance, inst...
Central African Republic’s crypto experiment is reckless
I’m not entirely sure what is going on in the Central African Republic (CAR). More importantly, citizens of the country don’t either. Who are the Central African Republic ? Despite possessing vast nat...
Crypto & NFTs Helping to Fund African Welfare, Development Projects
Cryptocurrencies and non-fungible tokens are being used across African nations to fund welfare and development projects. These projects are concerned with improving local livelihoods and focus on educ...
Central African Republic Intends to Raise $1 Billion By Creating SANGO, Its National Digital Currency
– Advertisement – The Central African Republic will raise one billion dollars by releasing first-of-its-kind digital money, known as the “SANGO.” By releasing the first national digital ...
South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Coinotizia
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents,...
Relief to Riccardo Spagni as the South African Court Releases him on bail
South African regional court is set to release Riccardo Spagni, the former Monero developer, from custody. He was arrested immediately after landing at OR Tambo International Airport and later taken i...
South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Regulation Bitcoin News
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents,...
The Central African Republic Announces 21M Sango Token Sale
17 seconds ago | 2 mins read Altcoin News At least $500 in BTC or ETH will be required from anyone who wants to purchase. The token’s purchasers will also get a piece of real estate and a plot in the ...
Central African Republic: first to recognize bitcoin as legal money
In April, the Central African Republic, which has limited access to power and the internet, became the first African government to recognize bitcoin as legal cash, raising questions among many cryptoc...
The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July – Featured Bitcoin News
The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and lo...
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan – Regulation Bitcoin News
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implicati...
Central African Republic to Launch Sango Coin Cryptocurrency Next Week
The Central African Republic (CAR), a landlocked country in Central Africa, plans to launch its Bitcoin investment platform popularly known as “Sango Platform” on July 25. That is according to an emai...
Central African Republic set to launch Sango bitcoin sidechain
The Central African Republic (CAR) will launch the Sango Platform on July 25, according to an email seen by The Block that was sent to pre-registered users of the country’s crypto project. According t...
South African Central Bank About To Regulate Crypto
Kuben Naidoo, Deputy Governor of the South African Reserve Bank (SARB), recently announced that SARB will introduce a framework to regulate cryptocurrencies, recognising its adoption that is prevalent...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulate...
South African exchanges welcome the new ‘crypto is financial asset’ ruling
South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to class...
South African Reserve Bank Set to Regulate Cryptocurrencies as Financial Assets
The South African Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country will roll out cryptocurrency regulations over the next 12 – 18 months that will not identify them as a...
Kenya: the African country with the most crypto holders
Data from UNCTAD show that Kenya is the African country with the highest number of citizens owning crypto. Kenya ranks first in Africa with highest number of cryptocurrency holders According to repor...
South African Reserve Bank will regulate crypto as financial assets to make it ‘mainstream’
South Africa Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country is set to roll out cryptocurrency regulations that will partly support the sector. Speaking during a webina...
Kenya is the African Leader in Crypto Adoption
8.5% of Kenya’s population possess digital currencies That is around 4.25 million individuals This is the highest adoption rate in Africa A review directed by the United Nations (UN) confirmed t...
Kenya ranks as the top African country in crypto adoption
Research conducted by the United Nations revealed that 8.5% or around 4.25 million people in Kenya owned cryptocurrencies. The country is leading the African continent in cryptocurrency adoption despi...
Kenya is the African Leader in Crypto Adoption (Report)
A study conducted by the United Nations (UN) determined that 8.5% of Kenya’s population own digital assets, which makes up around 4.25 million people. This makes the country a leader in cryptocurrency...
South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M – Bitcoin News
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initia...
Ondo Finance and Oasys Games Raising Funds, Voyager Runs Bankrupt, Central African Republic Launches Native Crypto – crypto.news
Fundraising continues with Ondo Finance and Oasys Games announcing successful rounds. Voyager files for bankruptcy and Singapore appears set on imposing sanctions to crypto trading. Ondo Finance Raise...
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move – Coinotizia
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only s...
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move – Bitcoin News
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only s...