Economist urges Zimbabwean government to consider paying civil workers in gold
Zimbabwe's government has been urged to pay civil servants with gold-backed CBDC and coins amid plunging economy.
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IMF warns that unregulated cryptocurrencies could threaten financial stability
The IMF has previously shown its disapproval of cryptocurrencies and other digital assets and has called for their regulation and control.
Standard Bank wants to be a fast follower of crypto, not a leader
“We move with the world, but you don’t want to be leaders on some of these things. You want to be fast followers,” the bank CEO said.
Telegram merchants can now accept crypto payments with new in-app feature
The new Wallet Pay feature provides crypto payment transactions between users and retail businesses, enabling direct payments within the telegram interface.
Nigeria’s oil sector looking to attract billion-dollar FDI
Nigeria recorded $47.60 million in FDIs for the first quarter of 2023, signifying a 69.28 percent year-on-year decline.
WorldRemit expands Nigerian remittance services to include naira payouts
This comes a few days after the CBN directed that IMTOs could pay out in Naira.
Crypto crime falls 65% in 2023, ransomware revenue still high
Based on the report, revenue is down across all aspects of crypto crime except, ransomware, which is on an upward trajectory like 2021, the year it rose to prominence.