H2O Securities, an infrastructural firm based in South Africa, generated $150 million to introduce crypto water tokens. The company landed the funds from the investment of GEM Digital, a global invest...
Tag: African
African infrastructure firm lands $150M to launch crypto water token
South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will ho...
Central African Republic Launches National Crypto Hub Project Sango
The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin (BTC) with the recent launch of Project Sango, a National crypto hub. Having been teased...
Sango Coin – Central African Republic Introduce National Cryptocurrency – Coinpedia – Fintech & Cryptocurreny News Media
The President of Central African Republic (CAR), Faustin-Archange Toudéra, in a virtual broadcast event named “Sango Genesis Event” on Sunday, launched the country’s national cryptocurrency, Sango Coi...
Central African Republic launches national cryptocurrency called ‘Sango Coin’
President Faustin-Archange Touadéra of the Central African Republic (CAR) launched Sango Coin as the country’s national cryptocurrency in a virtual event broadcast on Sunday. Dubbed the “Sango G...
Central African Republic launches a cryptocurrency dubbed “Sango Coin”
The President of the Central African Republic, Faustin-Archange Touadera, has unveiled Sango Coin. Sango is a national cryptocurrency for the CAR, and it would allow the country to continue supporting...
Central African Republic Crypto Hub Initiative ‘Sango’ Goes Live
Sango Coin and The Crypto Island, a metaverse platform, are both in the works. The World Bank declared in May that it would not be “supporting Sango.” Government-backed Sango crypto hub project in the...
Central African Republic (CAR) Launches Sango Crypto Hub
The Central African Republic’s Sango crypto hub is set to launch today. President Faustin-Archange Touadéra tweeted the website and said that it would spark innovation. President Faustin-Archange Toua...
Sango Coin: the crypto of the Central African Republic
During an event called Sango Genesis Event, Faustin-Archange Touadéra, President of the Central African Republic (CAR) launched Sango Coin as a state crypto. Central African Republic launches Sango Co...
The Central African Republic Unveils Sango Project, Disappoints The World
The Sango Genesis Event was revealing. Apparently, the Central African Republic president is as confused as MiamiCoin Mayor Francis Suarez and New York Mayor Eric Adams. Both of them got elected under...
Sango: Central African Republic launches initiative for financial inclusion
Central African Republic is one of those states that have continued to adopt crypto and other digital technologies. It had followed the suit of El Salvador to adopt Bitcoin as the legal tender for the...
New Crypto Hub for Central African Republic; Here’s what’s next
The Central African Republic (CAR) has launched the Sango crypto-hub initiative. It is funded by the government to promote the expansion of the regional market for digital assets. The Sango initiative...
Sango crypto hub goes live in the Central African Republic
The Central African Republic (CAR) has launched its new government-backed Sango crypto hub initiative to foster the development of the local digital asset sector. The Sango project follows the CAR’s a...
CFTC drags South African to court over $1.7 billion scam
The Commodities Futures Trading Commission (CFTC) has dragged a South African and his company to court over breaching some regulations. According to the filed charges, the regulator alleges that the c...
US Regulator Charges South African MTI
The operators were charged for $1.7 Billion Fraud Involving Bitcoin BTC Price at the time of writing – $19,225.17 The derivatives watchdog has filed a civil enforcement action The U.S. Ware Futu...
African celebrities join degens on the journey to the moon
African degens are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to ma...
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin – Coinotizia
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest...
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin – Regulation Bitcoin News
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest...
CFTC Serves Lawsuit Against South African Company Over $1.7B Bitcoin Fraud
In a recent lawsuit, the CFTC has revealed what it considers the single largest Bitcoin fraud case, involving South Africa’s MTI. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit ag...
Central African Republic Reveals Launch Date Of Crypto Initiative
Advertisement     Central African Republic’s president Faustin-Archange Touadéra has disclosed the launch date for the country’s upcoming crypto initiative dubbed The ...
South African Police Arrest Two for Alleged $2 Million Crypto Fraud
The Hawks, a South African police unit, have arrested 57-year-old Zain Muhammed Valle and 25-year-old Michelle Bianca Bezuidenhout for an alleged R34 million (Approx. $2.1 million) cryptocurrency scam...
African startup integrates Creditcoin as it brings its credit transactions to the blockchain
Creditcoin Foundation and Africa-based mobile banking startup Aella have partnered to allow for blockchain-based loan transactions and records via the Creditcoin blockchain. This comes after the succe...
IMF: Nine Out Of Thirteen African Countries In Research Stage Of CBDCs Execution
Various countries globally are making CBDCs a major part of discussions. A lot of African countries are at various stages of establishing a CBDC. The South African Reserve Bank is experimenting with ...
Central African Republic president launches crypto initiative following Bitcoin adoption
Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In ...
Central African Republic President Reveals Crypto Hub Launch Date
Faustin-Archange Touadéra – President of the Central African Republic (CAR) – has announced that his nation’s burgeoning crypto hub will launch on July 3rd. The initiative (also known as the “Sango” p...
African Central Banks Are testing different Digital Currencies
Following the launch of the e-Naira in Nigeria in October, several central banks in sub-Saharan Africa are investigating or testing out a digital currency. After the Bahamas, Nigeria was the second na...
Afropolitan Raises $2.1 Million to Bring Web3 to the African Diaspora
Looking to right historical wrongs and build a global digital community with real-world impact, Web3 collective Afropolitan announced that it had raised $2.1 million in pre-seed funding to advance its...
Afropolitan stepping towards bringing Web 3 African people, raised $2.1 million funding
Throughout the crypto space, many projects are known to be driven by the community for the community, Afropolitan is such a web 3 collective. Prominent Web 3 collective with the goal of supporting th...
The Central African Republic: A Large Bitcoin Supporter Bets Big On It
Despite the skepticism over Bitcoin and other altcoins, it cannot be denied that these digital assets have gained significant popularity in the finance space globally. And now, the folks in the Cent...
Bitcoin price forecast after the Central African Republic’s big bet
Bitcoin BTC/USD is the largest cryptocurrency in terms of market capitalization, even despite the recent bearish run it has experienced. Hovering around the $20,000 price point, Bitcoin might represen...
African Blockchain Report 2021 published
Standard Bank has released the African Blockchain Report 2021, which measures blockchain investments on the African continent. Total investments in the blockchain sector in Africa in 2021 Investments...