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

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

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

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

Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks

To avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the practice of copying and pasting wallet addresses, the crypto wallet app support team has warned. Metamask users should insteaddevelop a habit of thoroughly checking every

Le milliardaire chinois Jack Ma accepte de céder le contrôle du Fintech Giant Ant Group

Le milliardaire chinois Jack Ma a récemment accepté de renoncer au contrôle d’Ant Group dans le cadre de changements apportés à la structure d’entreprise de la fintech., ce qui n'aura soi-disant pas d'impact sur “les intérêts économiques de tout actionnaire d’Ant Group et de leurs…

Signaler: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have

Les Fintechs représentent plus de 30% des startups technologiques kenyanes suivies en 2022 - Étude

Dès novembre 2022, Les fintechs kenyanes représentées 30.2% ou 93 hors de 308 startups technologiques suivies, une étude Disrupt Africa a récemment révélé. en outre, les résultats de l’étude montrent que le sous-secteur de la fintech représente à lui seul 3,100 ou 27% de…

Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’

Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. en outre, the three users assert that all transactionsconstituted unregistered sales of securities”…

Signaler: La banque centrale nigériane a dépensé plus $1.8 milliards gérant la monnaie locale

During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, plus de 90% of this total was reportedly used

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, finances décentralisées (défi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (PDI) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures