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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
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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
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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
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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
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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
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Nigeria leads Africa in cryptocurrency adoption, ranking second globally Nigeria CryptocurrenciesAfrica has witnessed significant growth in cryptocurrency adoption over the past year, fueled by substantial investments and increasing individual interest that have facilitated trading across the continent.November 15, 2024
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Niger's ministry denies false claims on cryptocurrency awareness sessions Niger CryptocurrenciesThe Ministry of Economy and Finance of Niger has issued an official denial regarding false information circulating on social media about the launch of awareness sessions for online cryptocurrency investment.November 15, 2024
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Ethiopia's bitcoin mining industry generates $55 million Ethiopia CryptocurrenciesEthiopia is rapidly becoming a significant player in the Bitcoin mining industry, generating $55 million in revenue over the past ten months.November 7, 2024
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Kenya Revenue Authority collects Sh10 billion from cryptocurrency traders for the first time Kenya CryptocurrenciesThe Kenya Revenue Authority (KRA) has collected Sh10 billion from cryptocurrency traders for the first time during the financial year ending June 2024.November 5, 2024