Africa
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.
Crypto Innovation and Regulation Should Be Partners, Not Adversaries
Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half the population doesn’t have smartphones and reliable internet service. As part of CoinDesk's Projects to Watch 2023, Machankura catalyst Kgothatso Ngako discusses the inspiration behind the project and the state of bitcoin adoption in Africa.
Gridless Bringing Bitcoin Mining to Rural Africa
As part of CoinDesk's Projects to Watch 2023, "The Hash" panel highlights the significance of bitcoin mining firm Gridless extending power to rural Africa.
Fedi Gives Bitcoiners a Community Custody Option
For most people, crypto custody comes down to the choice of holding their own keys or giving them to an exchange. Fedi offers an intriguing third way – to share the burden with trusted friends and family. That’s why Fedi is one of CoinDesk’s Projects to Watch 2023.
Gridless Is Extending Power to Rural Africa
Bitcoin mining has a dirty reputation for using more energy than some small countries. But African cryptominers have found a way to use their consumption to keep the lights on in rural communities. That’s why Gridless is one of CoinDesk’s Projects to Watch 2023.
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half of the population doesn’t have smartphones and reliable internet service. That’s why Machankura is a 2023 Project to Watch.
Zambia to Wrap Crypto Regulation Tests by June: Report
The country is also exploring the issuance of a central bank digital currency.
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