Fedi secures $17 million in funding to drive bitcoin adoption via communities
Built on the closely named open-source protocol, Fedimint, Fedi allows people in the global south to overcome the technical challenges of safely using bitcoin.
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Nigeria approves national blockchain adoption policy over two years after initial draft
The approval means blockchain technology can now be institutionalized into the Nigerian economy and security sectors.
Nigeria’s SEC is willing to license asset-backed tokens but not crypto
The Nigerian Securities and Exchange Commission's continued decision to exclude crypto assets casts shadows on hopes that the CBN might change its stance on crypto anytime soon.
Kenya plans to tax cryptocurrency exchanges despite the central bank’s unfriendly stance
Crypto exchanges in Kenya will soon be mandated to pay a 1.5% duty on every commission received by Kenyans.
Crypto exchange Roqqu receives regulatory approval to operate in South Africa
The exchange can now offer deposits and withdrawals in the South African Rand (ZAR)
Nigerian man wins one bitcoin, worth $29,000, in Yellow Card’s lucky draw competition
The competition, dubbed ‘A Whole in your Wallet,’ featured participants from 10 African countries.
Zimbabwe plans to launch gold-backed digital currency to counter hyperinflation
This is the latest move by the bank to battle runaway inflation, a depreciating currency, and a dollarized economy, and it is coming amidst controversy in the country’s gold sector.