RBZ’s CBDC set to be used for transacting in a month
The bank hopes to use the CBDC to tackle hyperinflation in the country and provide an alternate store of value for Zimbabweans.
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Namibia insists cryptocurrencies are not legal tender
The Bank warns that individuals using virtual assets will take full responsibility for such transactions.
Kenya now has a Bitcoin Lightning Network node
The node is the fourth Lightning node launched by the group, with the goal of enabling faster Bitcoin payments in Africa.
Kenya suspends Worldcoin’s activities over safety and privacy concerns
The country’s Capital Markets Authority also cautioned citizens against dealing with the entity.
More African countries should consider crypto regulations — Yellow Card CEO
Chris Maurice said these regulations should encourage innovation so that economies do not remain stagnant.
Blockchain will transform cross-border remittances in three years: Ripple survey
Most African and Middle Eastern respondents to the survey also believed that most merchants in their regions will accept payments in crypto.
Egypt launches new ‘high interest’ dollar savings certificate
These certificates are valid for three years and available to Egyptian nationals or foreigners with a minimum deposit of $1000.