Africa | ForkLog

ForkLog 10 19.09.2022

African Bitcoin exchange Yellow Card raises $40 million

African cryptocurrency exchange Yellow Card has raised $40 million in a Series B financing round. It was led by venture firm Polychain Capital, according to a press release.

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ForkLog 10 27.07.2022

Central African Republic Begins Token Sale of National Cryptocurrency

The Central African Republic has launched the public sale of its national cryptocurrency, SANGO.

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ForkLog 7 04.07.2022

CAR launches Bitcoin-backed digital currency Sango Coin

On 3 July, President Faustin-Archange Touadéra presented the national digital currency Sango Coin.

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ForkLog 5 29.06.2022

CAR to establish a cryptocurrency hub and enter the metaverse

The authorities of the Central African Republic (CAR) will launch the Sango programme, which will help the country enter the cryptocurrency industry. This was stated by head of state Faustin-Archange Touadéra.

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ForkLog 8 03.06.2022

Central African Republic tokenises natural resources

President Faustin-Archange Touadéra of the Central African Republic announced plans to tokenise the country's natural resources.

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ForkLog 6 23.05.2022

Crypto Valley launches fund focused on African blockchain startups

Based in Switzerland, Crypto Valley Venture Capital (CV VC) announced the launch of a fund to support African blockchain startups at an early stage.

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ForkLog 6 05.05.2022

IMF warns of potential problems from bitcoin legalization in the Central African Republic

The IMF says that adopting Bitcoin as legal tender in the Central African Republic could pose problems for the country and the region.

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ForkLog 8 27.04.2022

Central African Republic becomes the world’s second country to legalize Bitcoin

The Central African Republic (CAR) has enshrined Bitcoin as a payment instrument on a par with the local franc. The corresponding law was passed by parliament and signed by President Faustin-Archange Touadéra, AFP reports.

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ForkLog 6 14.04.2022

Russia proposes using cryptocurrencies in settlements with African countries

Sergei Katyrin, head of the Russian Chamber of Commerce and Industry, proposed using digital currencies for settlements and payments with African countries. The proposal is described in a letter sent to Prime Minister Mikhail Mishustin.

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ForkLog 7 21.03.2022

KuCoin: Africa’s crypto-transactions rise fifteenfold in 2021

In 2021, the average number of monthly crypto transactions in Africa rose by 1,386.7%. Cointelegraph reports, citing KuCoin analysts’ estimates.

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ForkLog 9 17.03.2022

FTX signs partnership with AZA Finance to promote Web3 technologies in Africa

FTX signed a partnership with AZA Finance, a payments provider, to promote Web3 technologies in Africa.

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ForkLog 6 06.12.2021

Zimbabwe’s central bank begins study of CBDC

The Central Bank of Zimbabwe is studying the possibility of using a national digital currency (CBDC).

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