Uganda launches CBDC pilot in $5.5 billion tokenization drive
The digital currency is backed by Ugandan treasury bonds and can be accessed via smartphones.
Crypto in Africa
Paxful shuts down, blames ex-co-founders Youssef and Schaback
The exchange asked users to withdraw their funds before November 1 when it will cease all operations
SWIFT partners with global and African banks on blockchain-based shared ledger
The network also wants its system to be compatible with more modern digital finance rails such as stablecoins
🟠 Circle backs CV VC’s $20M African Blockchain Fund
Plus: 🌍 USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
🇳🇬 Experts call Nigeria’s crypto tax regime “progressive”
Experts call Nigeria’s crypto tax regime “progressive”
At a series of Mariblock webinars last week, experts in tax and digital assets said the new tax laws put a stamp on the legitimacy of the sector.
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.
Nigeria set to tax individual crypto transactions and exchanges in 2026
Individual crypto transactions will now be subjected to a maximum of 25% personal income tax on profit made.