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

Poročilo: Egiptovski funt je dosegel novo najnižjo vrednost v primerjavi z ameriškim dolarjem kljub prilagodljivemu režimu menjalnega tečaja

Menjalni tečaj egiptovskega funta v primerjavi z ameriškim. januarja padel na novo najnižjo vrednost. 11 potem ko se je dotaknil 32.14 na zelenca. Zadnja znatna depreciacija valute je prišla le nekaj mesecev po tem, ko je sprejela prilagodljivo menjavo…

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

Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group

Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact onthe economic interests of any shareholders of Ant Group and their

Poročilo: 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

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% oz 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. Poleg tega, the study findings show that the fintech sub-sector alone accounted for 3,100 oz 27% od…

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. Poleg tega, the three users assert that all transactionsconstituted unregistered sales of securities”…

Poročilo: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

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, čez 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, decentralizirane finance (defi) 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 (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures