African blockchain venture funding down 74% in H1 2024 CV Labs

CV VC noted that Africas higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges.

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Central African Republic's Sango Project announces delay of token listing

The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.

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The Fall Of Bitcoin In The Central African Republic: Why This Legal Tender Experiment Failed

Just a year after making bitcoin legal tender, the Central African Republic (CAR) abandoned its plans to revitalize its country. Why?

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South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some recovery, prediction models show that the

The post South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High appeared first on BTC Ethereum Crypto Currency Blog.

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White House Says US Policy Allows Partners to Seek BRICS Membership

The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have expressed interest in joining the BRICS group, and around [...]

The post White House Says US Policy Allows Partners to Seek BRICS Membership appeared first on Crypto Breaking News.

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IMF optimism in Central African Republic, despite Bitcoin adoption

The Central African Republic (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopted Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing the leading cryptocurrency. The IMF published a report expressing a more positive view of the country’s economic prospects for 2023. The report [...]

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Central African Republic Sets Up Committee to Push Crypto Adoption

Faustin Touadera’s government is working on legislation to turn the CAR into an all-inclusive crypto society.

Continue reading Central African Republic Sets Up Committee to Push Crypto Adoption at DailyCoin.com.

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Central African Republic eyes legal framework for crypto adoption

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development of the national economy.

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SARB governor: CBDCs must tackle a "serious challenge" at WEF 2023.

Lesetja Kganyago spoke at WEF 2023 in Davos, Switzerland. The SARB governor suggested a national discussion before establishing CBDCs. Crypto barely fits two of three currency standards, he said. (Read More)

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Crypto can get weird: The 5 strangest stories of the industry in 2022

Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?

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Four Positive Events in the Crypto Space This Year

Crypto in 2022 wasn't just about hacks and bankruptcies, there were many positive developments as well.

Continue reading Four Positive Events in the Crypto Space This Year at DailyCoin.com.

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Central African Republic Top Court Blocks Purchases with New Crypto

The High Court of the Central African Republic has ruled that using govt-backed crypto to buy “e-residency” or citizenship and land goes against the country’s constitution. (Read More)

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Sango crypto hub goes live in the Central African Republic

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.

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President of CAR Announces the Sango Genesis Event, an Ambitious Crypto Hub

The most revolutionary conference of crypto?

Continue reading President of CAR Announces the Sango Genesis Event, an Ambitious Crypto Hub at DailyCoin.com.

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President of the Central African Republic starts a cryptocurrency project after Bitcoin adoption

Building a “legal crypto centre,” increasing the use of Bitcoin, and developing a “crypto island” – a distinct economic zone in the metaverse — are all part of the Sango project’s ambitions. The Central African Republic’s president, Faustin-Archange Touadéra, has said that the government will support a project aimed at building the nation’s blockchain infrastructure. […]

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Making Bitcoin Legal Tender In Africa: How CAR Can Find Financial Freedom

Bitcoin advocates have visited the Central African Republic and offered advice on how the country can best adopt BTC as legal tender.

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The Central African Republic Bets Big On Bitcoin

A group of Bitcoiners traveled to the Central African Republic to meet with the country’s president and discuss pathways for bitcoin adoption.

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Ugandan central bank u-turns on crypto welcoming firms to regulatory sandbox

The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions.

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Central African Republic to tokenize natural resources

The Central African Republic is stepping up its blockchain adoption with a new announcement from the president revealing that the country will tokenize access to its natural resources.

The post Central African Republic to tokenize natural resources appeared first on CryptoSlate.

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World Bank Rejects Central African Republic’s Bitcoin Island Plan

The World Bank claims the $35 million grant to Central African Republic is not related to the upcoming crypto hub project.

Continue reading World Bank Rejects Central African Republic’s Bitcoin Island Plan at DailyCoin.com.

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