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Bank of Botswana calls for comprehensive regulations on cryptocurrency Botswana CryptocurrenciesBotswana's central bank has assessed the country's cryptocurrency markets as underdeveloped, posing minimal risks to financial stability.December 23, 2024
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Ethiopia’s National Bank considers guidelines for cryptocurrency use Ethiopia CryptocurrenciesThe National Bank of Ethiopia (NBE) may soon release guidelines permitting the use of "crypto assets" and digital currencies, according to Governor Mamo Meheretu.December 20, 2024
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Nigerian SEC tightens rules on crypto marketing and promotions Nigeria CryptocurrenciesThe Nigerian Securities and Exchange Commission (SEC) has updated its rules for crypto-related marketing and promotions, targeting virtual asset service providers (VASPs) and social media influencers.December 19, 2024
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South Africa's Financial Authority approves 248 crypto asset service provider licenses South Africa CryptocurrenciesThe Financial Sector Conduct Authority (FSCA) of South Africa has released an update on its licensing process for Crypto Asset Service Providers (CASPs).December 17, 2024
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Cameroon signals a shift towards cryptocurrency adoption amid regulatory challenges Cameroon CryptocurrenciesCameroonian President Paul Biya has indicated a welcoming stance towards cryptocurrency, signaling a potential shift in the country’s approach to digital currencies.December 13, 2024
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Nigeria leads the charge in global cryptocurrency adoption Nigeria CryptocurrenciesA recent report from ConsenSys highlights a significant increase in global awareness of cryptocurrency, especially in African nations.December 13, 2024
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Ethiopia's bitcoin mining industry commands 2.5% of global hash rate Ethiopia CryptocurrenciesEthiopia is rapidly emerging as a significant player in the global Bitcoin mining industry, currently accounting for 2.5% of the world's hash rate.December 6, 2024
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India's GST authorities target cryptocurrency platforms, uncovering ₹824.14 Crore in tax evasion India CryptocurrenciesIndian authorities have initiated a significant crackdown on cryptocurrency exchanges, booking a total of 17 platforms for Goods and Services Tax (GST) evasion amounting to ₹824.14 crore.December 2, 2024
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Uganda Revenue Authority seeks to establish fair tax framework for crypto Uganda CryptocurrenciesAt the 2024 Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes held in Paraguay, the Uganda Revenue Authority (URA) announced plans to harmonize the taxation regime for crypto-assets in Uganda.December 1, 2024
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Morocco prepares to regulate cryptocurrencies with new draft law Morocco CryptocurrenciesMorocco is taking a significant step towards regulating cryptocurrencies as the country's central bank, Bank Al Maghrib, works on a draft law to oversee crypto assets.November 26, 2024