by COINS NEWS - 2 years ago

Central African Republic to Tokenize Mineral Resources

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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Central African Republic to tokenize the nation’s natural resources

The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange Touadéra posted a photograph of a statement on his officia...

by COINS NEWS - 2 years ago

IMF and World Bank are now threatening Central African Republic, but the President explains why Bitcoin is the only option for his country, “An impenetrable bureaucracy keeps us stuck in systems that don’t give us the opportunity to be successful. Bitcoin

submitted by /u/KAX1107 [link] [comments]

by COINS NEWS - 2 years ago

IMF and World Bank are now threatening Central African Republic, but the President explains why Bitcoin is the only option for his country, “An impenetrable bureaucracy keeps us stuck in systems that don’t give us the opportunity to be successful. Bitcoin

submitted by /u/KAX1107 [link] [comments]

Bitcoin News / Bitcoin.com - 2 years ago

South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery

Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. Fluffypo...

Bitcoin News / Bitcoin.com - 2 years ago

Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked

For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot ava...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance to launch Africa crypto awareness tour as adoption ramps up

With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part in this growing market.Set to take pl...

Bitcoin News / Bitcoinist - 2 years ago

Why Did Francophone Bitcoiners Met With Central African Republic’s Authorities?

Last month, the Central African Republic surprised the world by making bitcoin legal tender. As it happened with El Salvador, Bitcoiners from around the world jumped to support the project. On May 22nd, a French-speaking bitcoin-heavy delegation of s...

Bitcoin News / Bitcoinist - 2 years ago

Central African Republic All Set To Become A Crypto Hub, Here’s What We Know!

The Central African Republic (CAR) has mentioned plans of setting up a crypto hub recently. This news comes after Central African Republic legally recognized Bitcoin last month. This move of launching a “crypto hub” is in a view to attrac...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

World Bank won’t support Central African Republic’s Sango crypto hub

The World Bank has signaled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub.At the end of April, CAR president Faustin-Archange Touadéra...

by COINS NEWS - 2 years ago

World Bank Shows Worry Over Central African Republic’s Bitcoin Plan

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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Central African Republic to launch official crypto hub ‘Sango’

Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure.CAR President Faustin-Archange Touadera took to Twitter on Tuesday to announce...

by COINS NEWS - 2 years ago

After adopting Bitcoin as legal tender in April, the Central African Republic now wants to create a cryptocurrency economic zone

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Bitcoin News / Bitcoin.com - 2 years ago

Swiss VC Launches African Blockchain Early Stage Fund

Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-ba...

Cryptocoins News / Blockchain  - 2 years ago

Swiss Crypto Firm Launches Venture Fund, Supporting African Early-Stage Blockchain Startups

Crypto Valley Venture Capital (CV VC), a Switzerland-headquartered private venture capital company, announced on Monday that it has launched African Blockchain Early-Stage Fund that targets blockchain startups from across the continent. The venture...

by COINS NEWS - 2 years ago

Nigeria to Launch Major Crypto Initiative, IP Exchange Marketplace and Wallet, on Algorand in Partnership with Developing Africa Group and Koibanx

Source: https://finance.yahoo.com/news/nigeria-launch-major-crypto-initiative-233000347.html The Nigerian government has signed a 3-year exclusive IPR (intellectual property right) agreement with Developing Africa Group to launch a nation-wide walle...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Venture funding for African crypto startups grew 11x in 2022: Report

As many in Africa continue to adopt crypto and blockchain, more venture funding flowed into the continent in Q1 2022 than in Q1 2021, according to a new report by blockchain investment firm Crypto Valley Venture Capital (CV VC) and Standard Bank.The...

Bitcoin News / Bitcoin.com - 2 years ago

Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now

The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications in...

Bitcoin News / Bitcoin.com - 2 years ago

Central African Republic’s Bitcoin Adoption: The Real Work Must Start Now

The Central African Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications i...

Cryptocoins News / NewsBTC - 2 years ago

How Blockchain is Finally Getting Africa on the Grid

Parents lining up to pay school fees in cash, lenders charging extortionate rates, and cash savings held under mattresses—these are some of the things residents in Africa have had to resort to due to financial technology not having yet fully expande...

Cryptocoins Exchanges / Binance - 2 years ago

South Africa Mulls Digital Rand, Expects Crypto Regulation in 2023

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Bitcoin News / Bitcoin.com - 2 years ago

Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists

The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation&#...

Cryptocoins News / Blockchain  - 2 years ago

Central African Bank Regulator Announces Nationwide Crypto Ban

The monetary authority in charge of regulating financial activities in Central Republic Africa announced on Friday its ban on cryptocurrencies in the country. The ban by the Central Bank came a few weeks after the government announced Bitcoin as a...

Bitcoin News / Bitcoin.com - 2 years ago

Report: Central African Banking Regulator Says Crypto Ban Still Effective

An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maint...

Bitcoin News / Bitcoin.com - 2 years ago

Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise

The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central Africa...