Posted inCrypto Fintech NEWS Technology Zanzibar creates blockchain sandbox to assist tech startups Posted by By Eze Chichetaram 23/10/2024Zanzibar has established a blockchain sandbox program called the National Blockchain Sandbox, which allows startups…
Posted inNEWS Regulations SIBAN reacts to clampdown on crypto dealers Posted by By Akachukwu Chukwuma 23/10/2024The Federal High Court in Abuja was informed about a plea bargain agreement made between…
Posted inCrypto NEWS Vladimir encourages BRICS member countries to adopt cryptocurrency Posted by By Akachukwu Chukwuma 22/10/2024With its Digital Currency Electronic Payment (DCEP), also known as the e-CNY, a digital version…
Posted inCrypto NEWS Regulations South African bank restricts customers from sending funds to crypto exchanges Posted by By Eze Chichetaram 21/10/2024Capitec, a major South African retail bank, has decided to stop customers from making EFT…
Posted inEconomy NEWS Dangote is now worth $27.8B following the full operation of his refinery — Bloomberg Billionaires Index Posted by By Akachukwu Chukwuma 21/10/2024Now that his long-awaited oil refinery in Nigeria is finally running, Aliko Dangote, Africa’s richest…
Posted inCrypto NEWS Regulations Nigeria receives nearly $100,000 from unlicensed crypto service providers Posted by By Eze Chichetaram 20/10/2024The Nigerian government received nearly $100,000 (about NGN160M) from two cryptocurrency companies: Paparaxy Global Ventures…
Posted inCrypto NEWS Stablecoins Trading BlackRock pitches BUIDL for derivatives collateral to crypto exchanges Posted by By Eze Chichetaram 19/10/2024BlackRock, a top Bitcoin ETF issuer, has made known its plan with Securitize to integrate…
Posted inCrypto NEWS Regulations Nigeria plans widening the tax net to include cryptocurrency Posted by By Akachukwu Chukwuma 18/10/2024While addressing the House of Representatives Committees regarding the recent tax bills introduced by President…
Posted inCrypto NEWS Regulations South Africa Tax Agency wants crypto users to declare assets Posted by By Akachukwu Chukwuma 18/10/2024A warning has been issued to anyone holding or trading cryptocurrencies in South Africa by…
Posted inCrypto NEWS Regulations Kenya wants to monitor Crypto transactions in real-time with New Tax System Posted by By Eze Chichetaram 18/10/2024The Kenya Revenue Authority (KRA) is planning to introduce a tax system that will monitor…
Posted inBitcoin NEWS Technology Tesla moves entire $765M Bitcoin holdings to unknown wallets Posted by By Eze Chichetaram 16/10/2024After being inactive since June 17, 2022. Tesla's Bitcoin Wallet records a sudden batch of…
Posted inEconomy NEWS Inflation rate in Nigeria increases by 0.55% to 32.7% in a month Posted by By Akachukwu Chukwuma 16/10/2024The National Bureau of Statistics (NBS) has published data showing higher transportation costs and food…
Posted inBanking Economy NEWS New tax bills mandate finance workers to have tax id to operate bank accounts. Posted by By Eze Chichetaram 15/10/2024The federal government has proposed a new law that will require individuals in banking, insurance,…
Posted inEconomy Fundraise NEWS Startup investors are more interested in detailed performance report — Wimbart Survey Posted by By Akachukwu Chukwuma 15/10/2024The recent survey from Wimbart highlights how investors and startup founders in Africa are focusing…
Posted inCrypto Fundraise NEWS Vitalik Buterin donates another $1.6M worth of memecoins to charity Posted by By Akachukwu Chukwuma 14/10/2024Co-founder of Ethereum, Vitalik Buterin, has been converting memecoins he receives into Ethereum (ETH) and…
Posted inNEWS Trends Steward emerges the richest black billionaire in America at $11.4B Posted by By Eze Chichetaram 13/10/2024According to Forbes’ 2024 list of the wealthiest Americans, David Steward, founder and chairman of…
Posted inBanking NEWS Regulations Central Bank of Kenya Lowers Interest Rate to 12% Posted by By Eze Chichetaram 13/10/2024The Central Bank of Kenya (CBK) has reduced its interest rate by 0.75%, bringing it…
Posted inBanking NEWS Nigeria’s net forex inflow increases by 67% to $27.6bn Posted by By Akachukwu Chukwuma 12/10/2024The Nigeria forex inflow increased by 67.8% to $27.6B, compared to $16.44B during the same…
Posted inCrypto NEWS Regulations Stablecoins African nation of Eswatini releases design for tokenized retail CBDC Posted by By Eze Chichetaram 11/10/2024The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
Posted inNEWS Regulations South Korea recognizes cryptocurrency holdings as marital assets in divorce cases Posted by By Akachukwu Chukwuma 11/10/2024Cryptocurrency and Bitcoin holdings are currently being recognized as marital assets in divorce cases, according…