Africa
Taxing Digital Payments After Moving Towards Digitization Is Bait-and-Switch
Ghana is one of many countries considering, or already, taxing digital payments. Beginning next month, mobile transactions worth more than 100...
Read moreTanzania Officials Want Global Clarity on CBDCs and Crypto Assets
Slightly below a yr after the Tanzanian President Samia Suluhu Hassan requested the nation’s finance chiefs to organize for cryptocurrencies,...
Read moreNigeria’s eNaira Leads in PwC’s Global Digital Currency Index
The Central Bank of Nigeria’s eNaira and the Sand Dollar of the Bahamas led the retail project indexes of central...
Read moreNamibian Central Bank Announces Plan to Launch CBDC
The BON governor, Johannes Gawaxab, recently confirmed that the central bank is now planning to launch a CBDC. He confirmed...
Read moreNigeria’s Central Bank Imposes $1.9M Penalty on 3 Domestic Banks for Crypto Transactions
The action is in line with the apex bank’s 2021 circular, where the Central Bank of Nigeria (CBN) had barred banks and...
Read moreBank of Ghana Traces CBDC Genesis, Gives Roadmap to the Future
In its newest publication, “The Evolution of Bank of Ghana Policies on the Ghanaian Payment System,” The Bank of Ghana...
Read moreKenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
The governor of the Central Bank of Kenya (CBK), Patrick Njoroge, has suggested the lack of access to smartphones of...
Read moreCentral Bank of Sudan Warns of Risks Associated With Cryptocurrency
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of...
Read moreGhanaian Central Bank Reveals Trigger Behind Issuing The CBDC
The central bank of Ghana reveals the key triggers that led it to plan the issue of central bank digital...
Read moreMorocco’s Central Bank, IMF Consider Joint Crypto Regulation
Morocco’s central bank, Bank Al-Maghrib (BAM), alongside other European central banks is in talks with the International Monetary Fund (IMF),...
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