Africa Archives - Today News

Ghana Moves to License Crypto Firms, Citing Revenue and Oversight Goals

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The Ghanaian central bank is set to introduce a draft regulatory framework for licensing digital asset companies by September. Acknowledging Crypto’s Enduring Presence The Ghanaian central bank has reiterated its goal to license digital asset companies, stating that a draft regulatory framework to oversee them is set to be tabled in the nation’s parliament by […]

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Akon’s Futuristic Crypto City Officially Terminated

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The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal Development

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Tether Signs MoU to Advance Financial Inclusion in East Africa

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Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and financial innovation across developing regions. Tether

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Africa Unites in Currency Revolution: PAPSS Launches Dollar-Free Trade Platform

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The Pan-African Payment and Settlement System has officially launched a currency marketplace aimed at reducing reliance on the U.S. dollar for intra-African trade. No Hard Currency Involved The Pan-African Payment and Settlement System (PAPSS) has launched the African Currency Marketplace, a major step toward reducing reliance on the U.S. dollar for intra-African trade settlements. This

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Stolen Crypto Traced: Ugandan Police Arrest Suspect in Blockchain Educator’s Abduction

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Ugandan law enforcement has arrested Phineous Biira, a suspect in the abduction of crypto educator Festo Ivaibi on May 17. Suspect Has Criminal Record Ugandan law enforcement has arrested one of the suspects involved in the abduction crypto trader and educator Festo Ivaibi on May 17. The arrest occurred after forensic experts traced the stolen

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Sam Altman’s World Ordered to Stop Biometric Data Collection in Kenya

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The Kenyan High Court has ordered Sam Altman’s World to cease processing, collecting or dealing in biometric data without conducting a Data Protection Impact Assessment. The order also requires Worldcoin to permanently delete biometric data collected in Kenya without proper assessments within seven days. Worldcoin Activities in Contravention of Data Protection Laws The Kenyan High

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