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Rapportera: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

One of South Africas largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin projects cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the countrys oldest financial services companies will......

Godkännande av IMF:s räddningsaktion hjälper zambiska kwacha att ta den ryska rubelns position som världens bäst presterande valuta

After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African countrys currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian rubles position as the worlds best-performing currency in 2022.......

Rapportera: Centralafrikanska republiken begär Regional Central Banks hjälp med att skapa kryptoregler

En ny rapport har gjort anspråk på Centralafrikanska republiken, som blev det första landet i Afrika att göra bitcoin lagligt betalningsmedel, begärde nyligen den regionala centralbanken’s hjälp med att utveckla ett regelverk för kryptovaluta. Rapporten sa också att CAR hade....

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwin kväll, the Central Bank of Nigeria (CBN) governor, har sagt. Emefiele said the central bank is working on a......

South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a......

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

Coincoinx, en kryptovalutabörs, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. Tjänsten, which is called Coinpago, will allow users to make payments in every store and retailer......

CBDC säkerställer att Nigeria förblir konkurrenskraftigt i en alltmer digital värld - centralbankschef

Guvernören för Nigerias centralbank (CBN) har insisterat på att den nyligen introducerade digitala valutan e-naira potentiellt kan öka handels- och investeringsaktiviteter i landet. Han lade till den digitala valutan “skulle vara nödvändigt i framtiden för att säkerställa Nigeria......

Venezuela satsar på de-dollarisering efter att utländsk valuta och kryptoskatt har tillämpats

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited......

Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations

Crypto and blockchain firms constituted 16% av 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) har sagt. The surge in crypto-related registrations also coincided with a quarterly period in which the......

Ghanas centralbank upprepar varningen för praxis för prissättning av varor i Forex

The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central banks warning comes just over a month after Ghanas currency was rated the worst performing......