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  • Market Cap: $2,676,409,162,066.29
  • 24h Vol: $74,476,426,466.91
  • BTC Dominance: 58.42%

Africa

nigeria-extends-deadline-for-returning-soon-to-be-demonetized-naira-banknotes

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

Leave a Comment / Africa, Bitcoin, cbn, Crypto Hacked, Cryptocurrency, Economic and Financial Crimes Commission (EFCC), Ethereum, Godwin Emefiele, naira redesign, Nigerian banking system, Terrorist Funding / / / , , , , , ,

After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed nationwide to help with the cash-swapping process. CBN Governor Says […]

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central-african-republic-sets-up-committee-tasked-with-drafting-crypto-bill

Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill

Leave a Comment / Africa, Bitcoin, Blockchain, car, Central Africa Republic bitcoin, Central African Republic, crypto framework, Crypto Hacked, Cryptocurrency, Ethereum, Faustin-Archange Touadera, Sango coins / / / , , , , , , , ,

The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet, the committee has already started its work and will regularly update the government. CAR’s Ambitions

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new-south-african-code-says-crypto-asset-ads-must-include-capital-loss-warning

New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

Leave a Comment / Advertising Regulatory Board (ARB), Africa, Bitcoin, capital loss warning, consumer protection, Crypto Hacked, crypto influencers, crypto investing, Cryptocurrency, Ethereum, Gail Schimmel, self regulation / / / , , , , , , ,

Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer advice on trading or investing in crypto assets and may not promise benefits

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nigerian-banks-still-distributing-old-naira-banknotes-as-demonetization-date-approaches

Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches

Leave a Comment / Africa, Bitcoin, CBDC, Central Bank of Nigeria (CBN), Crypto Hacked, Cryptocurrency, demonetize, demonitize, Ethereum, financial inclusion, Nigeria Governors’ Forum (NGF) / / / , , , , , ,

With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for returning the old notes, the central bank insists the Jan. 31 deadline still stands.

Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches Read More »

report:-somalia-to-fight-inflation-and-counterfeiters-with-new-banknotes

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

Leave a Comment / Africa, Bitcoin, Central Bank of Somalia, Crypto Hacked, Cryptocurrency, Ethereum, high inflation, International Monetary Fund (IMF), Siad Baare, US dollars, World Bank / / / , , , , , ,

According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills with newly designed banknotes in 2024. Preserving the Value of New

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east-african-community-to-decide-on-regional-central-bank-launch-in-2023

East African Community to Decide on Regional Central Bank Launch in 2023

Leave a Comment / Africa, Bitcoin, central bank digital currency, common currency, Crypto Hacked, Cryptocurrency, East African Community, East African Monetary Institute (EAMI), East African Payment System (EAPS), Ethereum, non-tariff barriers, Peter Mathuki / / / , , , , , , ,

The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank, the regional intergovernmental organization’s Peter Mathuki has reportedly said. The setting up of the regional central bank is expected to help the EAC achieve its goal of attaining a single

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tanzanian-central-bank-adopts-‘phased-and-risk-based-approach-to-adoption-of-cbdc’

Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’

Leave a Comment / Africa, Bank of Tanzania, Bitcoin, CBDC, CBDC adoption, CBDC anonymity, central bank digital currency, Crypto Hacked, Cryptocurrency, Ethereum, Tanzanian shillings / / / , , , , , , ,

After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards the adoption of its central bank digital currency (CBDC). During the research phase, the central bank said it paid particular attention “to risks and controls associated with issuance, distribution, counterfeit and usage of currencies.”

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report:-egyptian-pound-reaches-new-low-against-us-dollar-despite-flexible-exchange-rate-regime

Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

Leave a Comment / Abu Dhabi Commercial Bank, Africa, Analysts, Bitcoin, Crypto Hacked, Cryptocurrency, depreciation, Dollar, Egypt, egyptian pound, Ethereum, Exchange rate, Farouk Soussa, Flexible exchange rate, IMF, International Monetary Fund, Investors, Monica Malik, pound, regime, US Dollar / / / , , , , , , , , , , , , , , , ,

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the monetary authorities in Egypt have

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new-nigerian-central-bank-document-discusses-regulation-of-stablecoins-and-icos

New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs

Leave a Comment / Africa, Bitcoin, Cashless Economy, Central Bank of Nigeria (CBN), Crypto Hacked, Cryptocurrency, Digital Currencies, Ethereum, initial coin offerings (ICOs), Nigeria Securities and Exchange Commission (NSEC), Nigerian Securities and Exchange Commission (NSEC) / / / , , , , , ,

According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings (ICOs) and how these can become “a new way to attract foreign direct investment (FDI) and raise capital.” ‘A

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