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Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

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Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as…

Kenianisches KI- und Blockchain-Startup erhält Investition von Schweizer VC-Firma

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Fastagger Inc, ein Startup für künstliche Intelligenz und Blockchain aus Kenia, hat kürzlich bekannt gegeben, dass es eine Investition vom Schweizer Blockchain-Investor CVVC erhalten hat. Gehen Sie nach Kariuki, sagte, die Investition werde zur Finanzierung der Weiterentwicklung von Fastagger verwendet “Spitzentechnologie-Know-how”…

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

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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-Abend, said some 30,000 so-called super…

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints

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According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. jedoch, the Office of the FAIS Ombud…

Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations

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The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” und “address chain reorganizations (reorgs) in an effort to reduce…

Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday

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Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which…

New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor

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The Central Bank of Nigeria governor, Godwin-Abend, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System…

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

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According to the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria…

Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

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The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement to “clamp down on illegal foreign…