Among the objectives of the bill is to transfer power of registration of prospectuses to the CMA, including provisions for virtual and digital assets as well as tokenisation and regulatory sandboxes.
If a private member bill that seeks to give Uganda's Capital…
Egypt-based financial company Masroofi has been successful in raising $1.5 million from unnamed investors.
With the help of this funding, the business will be able to offer digital payment options to more kids, focusing on those between the ages of 5 and…
Nigeria has shown more interest in crypto assets like Bitcoin and Ethereum than any other country in Africa, according to a research report just released by price tracking firm CoinGecko.
A Year-to-date, data breakdown shows that Africa’s most populous country accounts for…
Facebook has made headlines of late with its plans to create a cryptocurrency.
The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy and potential illegal usage, while the G-7 has warned it poses “serious”…
When it comes to crypto adoption in Africa, South Africa sits among the top list of nations that own crypto assets on the continent. With a banked population rate of 79%, Mobile Cellular subscription rate of 169% and over 41 million South…
In a continent plagued by inflation and corruption, cryptocurrencies are helping Africans seeking financial stability and inclusion, according to Cointelegraph.
Weak national currencies, unreliable banking systems, and government corruption have hindered economic growth and financial inclusion in Africa. Cryptocurrencies can offer a way…
After a rocky start, the Ghana Stock Exchange (GSE) ended the first half of the year on a positive note as investors continued to find comfort in stocks, driving its market capitalization to an all-time high (ATH) of GH70.24 billion.
Monday, July…
Bitcoin may be far below the all-time high of $69,044 it touched towards the end of 2021, but this much is true: It has exceeded expectations in 2023 by surging 86% since the start of the year, when it was trading for…
South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial regulator.
The Financial Sector Conduct Authority has received about 20 applications since opening for licenses a few weeks…
Regulators have made positive strides in bringing crypto-assets within the regulatory perimeter, says the South African Reserve Bank (SARB).
This comes as the central bank continues its investigation and stress testing of distributed ledger technology (DLT) in financial markets. DLT is a…