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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 -
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 -
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 -
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 -
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 -
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 -
National Bank of Rwanda to establish cryptocurrency regulations by 2025 Rwanda CryptocurrenciesThe National Bank of Rwanda (NBR) revealed on November 18 its plans to introduce regulations for the use and trading of cryptocurrencies.November 21, 2024 -
South Africa tightens crypto regulations to collect user data South Africa CryptocurrenciesThe Financial Intelligence Centre (FIC) in South Africa has announced the implementation of Directive 9, which enforces the Financial Action Task Force's (FATF) "travel rule" for crypto asset transfers.November 20, 2024 -
Nigeria's SEC proposes tougher penalties to combat cryptocurrency fraud Nigeria CryptocurrenciesNigeria's Securities and Exchange Commission (SEC) is taking significant steps to combat cryptocurrency-related fraud by proposing amendments to the Investment and Securities Act.November 18, 2024 -
Cryptonica to host major cryptocurrency conference in South Africa in January 2025 South Africa CryptocurrenciesCryptonica has announced plans to host an international conference in Cape Town, South Africa, on January 11, 2025.November 18, 2024
