Tag: African central banks

State of digital currency adoption in Cape Verde

Deputy prime minister Olavo Correia stated that Cape Verde wants to achieve 60% of digital public services by 2026. Cape Verde's Central Bank...

Africa’s crypto ecosystem affected by FTX collapse

The FTX collapse has brought in significant questions as to the conduct of cryptocurrency, and many crypto traders are pondering over their next...

Is DeFi the right path for Africa’s economic growth

DeFi in Africa focuses on creating an immutable financial system that defies today's traditional financial system Mpesa made it easier by introducing digital...

African Central Banks present valid arguments against CBDCs and digital assets

Cryptocurrency within Africa has met apparent and defined opposition from the majority of the African central banks. The Central Bank of Egypt...