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Central African Republic adopts digital currency regulation bill

The Ministry of Finance pushed the bill which parliament passed despite a spirited fight by opposition which says digital assets facilitate money laundering. ....

Central African Republic , El Salvador , Coingeek Zurich , Nayib Bukele , Justin Zacko , Herve Ndoba , Saharan African , President Nayib Bukele , Digital Economy , East African , Chainalysis Global Crypto Adoption ,

IMF: BTC adoption by Central African Republic is a concern

The International Monetary Fund says the move raises major legal and economic policy challenges, even as experts, political and economic leaders question the country’s ability to implement BTC payments. ....

Central African Republic , United States , El Salvador , Coingeek Zurich , International Monetary Fund , Aemro Selassie , Bitcoin Law , South American ,

Uganda central bank issues warning against digital currencies

The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while reminding the public of Bitcoin’s risks. ....

Coingeek Zurich , Andrew Kawere , Matia Kasaija , National Payment Systems , East African , National Payment Systems Act , Crypto Bridge African Limited ,

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says

The central bank governor believes it may be wise to delay the possible rollout of a digital shilling as those without smartphones will be locked out. ....

Coingeek Zurich , Patrick Njoroge , Central Bank , East African ,

Venezuela to launch digital bolivar in October, slashes six zeros from currency

Venezuela to launch digital bolivar in October, slashes six zeros from currency
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