South African tax body adopts crypto-assets reporting framework
SARS wants to integrate the Crypto Asset Reporting Framework (CARF) into national law as part of its commitment to regulatory measures.
Eseose Oseghale
Nestcoin-owned Onboard has launched its virtual cards
Nestcoin’s Onboard joins Bitmama and Bitnob in the growing trend of African crypto companies offering virtual cards.
Mauritius wants to integrate the metaverse into its financial system
Integrating the metaverse into Mauritius’ financial sector can birth new financial innovations, the Financial Service Commission wrote.
Kenya government to launch digital identification by December
It is unknown what technology the digital ID project is built on. The previous project, Huduma Namba, was built on blockchain.
Kenyan shilling slumps to a record low of 150 to dollar
According to the CBK Governor, Kamau Thugge, the shilling has been overvalued for several years.
IMF reaches staff-level agreement to disburse over $200 million to Senegal
The financial arrangement is set to last 36 months under the Extended Fund Facility and Extended Credit Facility of over $1.5 billion.
Blockchain gaming sees $2.3 billion in investment
However, this figure represents a 30% decrease from the $3.3 billion raised in 2022.