Africa

Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux… More…

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IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

An International Monetary Fund representative has cautioned that… More…

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Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more

This week’s Crypto Biz also explores Tether’s new hiring, a takeover… More…

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South African Exchange Luno Leverages Fireblocks’ Enterprise-Grade Digital Asset Platform

South African crypto exchange Luno has announced that it is integrating… More…

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Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding

On July 16, the Nigeria Police Force confirmed the arrest of Linus… More…

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Uganda Presents Purchase Plan to Return to the Gold Standard

Uganda is aiming to return to the gold standard at some extent with… More…

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African countries go crazy for the BRICS

The BRICS alliance, made up of Brazil, Russia, India, China, South… More…

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Nigerian Witness Says Binance Users Operate Under False Identities

A witness in the ongoing Nigerian money laundering trial against… More…

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Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

The Bank of Zambia has proposed a new series of guidelines that seek… More…

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Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

Nigeria-based KuCoin users will begin being levied a 7.5% value-added… More…

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