March 10, 2021

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

In a letter dated March 5 and signed by Associate Director A.S. Jibrin, the CBN stated that it launched the “Naira 4 Dollar Scheme” for remittances […]
February 13, 2021

Jack Dorsey, Jay-Z Put 500 Bitcoin into Africa and India Supporting Trust

Jay Z and Twitter CEO Jack Dorsey state the two are setting up a development fund for bitcoin.  On Friday, Dorsey tweeted the news, writing that […]
January 8, 2021

Kenyan crypto firms on notice as digital tax law takes effect

The DST is part of the country’s 2020 revamped Finance Act that focused on the digital services market among other sectors.  According to the provisions of […]
November 29, 2020

Following Binance Uganda closure, Binance P2P is making strong inroads in Africa

Following the announcement of a disappointing closure of a Ugandan subsidiary in October, Binance, the world’s largest cryptocurrency exchange, released a blog post yesterday noting that […]
November 25, 2020

Nigeria establishes a framework for widescale crypto adoption

Nigeria’s Finance Ministry is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies. According to cointelegraph, Business Day, […]