Nigeria Plans to Include Fintechs in Broadened Official Currency Market
A Nigerian official just lately stated the overseas exchange-starved nation plans to incorporate “legitimate” market members like bureaux de change and monetary know-how firms within...
Gold-Backed Digital Tokens Now an Approved Payment Method Says Zimbabwean Central Bank
Zimbabwean residents and establishments can now pay or settle home transactions utilizing the not too long ago launched gold-backed digital tokens, the central financial institution...
Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law
The Bank of Tanzania (BOT) has reiterated that shillings stay the East African nation’s sole authorized tender. The apex financial institution stated residents quoting costs...
Analyst Predicts Gold Prices Might Exceed $8,000 within the Next Decade as Central Banks Lose Confidence in Foreign Currency
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold may exceed costs of $8,000 through the subsequent decade, as the present Ukraine-Russia warfare, and...
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam
The Egyptian police are reported to have just lately arrested 29 people related to the Hoggpool cryptocurrency mining app rip-off. In addition to seizing 95...
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise
The Central Bank of Bolivia is now promoting {dollars} on to residents with a view to curb what it’s calling a speculative assault that has...
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
A Russian firm has introduced the nation’s first approved transaction with digital monetary belongings (DFAs) involving a overseas forex, China’s yuan. The deal, reportedly the...
Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson
The Bank of Ghana lately warned companies quoting U.S. greenback costs that the observe remains to be prohibited and that the cedi stays Ghana’s sole...
Report: Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex
According to a report, some Egyptian banks lately knowledgeable shoppers who plan to journey overseas that they’ll now solely withdraw $2,000 or much less. The...
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions
According to the National Bank of Ethiopia’s directive, which grew to become efficient on September 5, individuals coming into and departing the nation in possession...