Africa

Mob Burns Down Purported Crypto Ponzi Schemer’s House in South Africa

An angry mob in Ladysmith, South Africa has reportedly torched the residence of Sphelele Mbatha, known as Sgumza, a manager of ...

BTC Peer-to-Peer Trading Rises Amid Ban on USD in Zimbabwe: Report

Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, ...

Central Bank of Uganda Warns Decentralized Cryptocurrencies Are Risky

The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in ...

President of Uganda to Lead Blockchain Conference in Kampala in July

The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuub...
June 25, 2019
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Major Pan-African Insurance Firm Rolls Back Insurance for Crypto Mining Equipment

Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regula...

Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain

Overstock.com subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African natio...

Binance Charity Foundation Signs Memorandum of Understanding With Ugandan NGO

Binance Charity Foundation (BCF), the charity arm of major crypto exchange Binance, has signed a Memorandum of Understanding (M...

Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams

The National Bank of Rwanda, the country’s central bank, has issued a public service announcement on alleged cryptocurrency sca...

Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks

The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related...

Community-Led Pan-African Blockchain Standards Org Publishes Draft ICO Guidelines

The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain stand...
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