Tag: central bank
Hong Kong central bank against Cryptocurrency firms applying banking terms
The HKMA has issued a warning to cryptocurrency businesses in Hong Kong, cautioning against the use of misleading banking terminology
The region's laws...
Crypto innovation: Locating and using Bitcoin ATMs in East and West Africa
Kenya (Kenrail Towers), Uganda (Uganda Post Office), and Djibouti are all in East Africa (Djibouti one and strong) are at the forefront, each with one Bitcoin ATM station
Morocco: Central bank to unveil a cryptocurrency regulation bill
Morocco recently announced, through its Central Bank, that it would soon unveil a Cryptocurrency Regulation Bill
Morocco was the first African country to...
African countries working on Central Bank Digital Currencies
How many African countries are looking at central bank digital currencies, and how far are they?
Only Nigeria has an active CBDC, South Africa and Ghana have a CBDC in the pilot phase while Mauritius and the Central African Republic have CBDCs coming soon
Cryptocurrency: digital assets no longer viewed as a hedge against inflation
One of cryptocurrency’s key charms is its invulnerability to inflation, which has been advertised as a hedge against inflation in central bank currencies.
