Nigeria to implement legal frameworks for stablecoins and ICOs
The CBN highlights the importance of having a legal framework for stablecoins in a new strategy paper.
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Morocco has developed a draft law for regulating crypto: report
Bank Al-Maghrib worked with the World Bank and the International Monetary Fund to develop the draft law.
Kenyan financial regulators are considering developing crypto rules
Five financial sector regulators, including the country's central bank and capital markets regulator, will set up a working group to develop crypto regulations.
Nigerian legislators considering bill to recognize bitcoin and other cryptocurrencies
The bill, if passed, will define the role of various local regulators. But questions are being asked of why industry participants have not been consulted
Six of eleven African countries reported an inflation rate drop in November
African consumers are beginning to see steadier prices as 2022 nears its end, according to the latest inflation figures.
Bitcoin-powered remittances from Europe to African bank accounts are now possible
African cryptocurrency company Bitnob has partnered with European exchange CoinCorner to facilitate remittances over the Lightning Network.
Kenyan lawmaker introduces crypto taxation bill
Cryptocurrency exchanges and traders in Kenya will be required to pay tax on every transaction if the bill is passed.