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Africa
Central African Republic Adopts Bitcoin as Legal Tender
The Central African Republic has passed a bill to establish a legal and regulatory framework for cryptocurrencies and make bitcoin legal tender alongside the existing CFA franc. “The Hash” group compares this announcement to El Salvador’s bitcoin adoption program and discusses the adoption of fintech technology in Africa.
Are Crypto ‘Legal Tender’ Laws Even Necessary?
The Central African Republic is looking to integrate crypto into its developing economy.
Central African Republic Adopts Bitcoin as Legal Tender
A statement from the president's office on Wednesday confirms the passage and signing of the necessary legislation.
CEOs of Bolt and Wyre on the Largest Crypto Deal to Date
Bolt CEO Maju Kuruvilla and Wyre CEO Ioannis Giannaros discuss Bolt’s decision to purchase crypto firm Wyre for $1.5 billion in the largest non-SPAC deal of the industry. They also share plans to develop user-friendly crypto payment services. Plus, a conversation about their efforts in Latin America and Africa and which cryptocurrencies will be adopted for payments.
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
The bank said that cryptos carry high risks, including financial crime, piracy and loss of value.
Why Web 3 Needs Africa
“The Hash” hosts discuss the crucial role Africa plays in the adoption of Web 3 technologies, being home to the second largest bitcoin market in the world. The conversation touches on financial inclusion, digital payments, and efforts to educate the continent's youth on technology.
Web 3 Needs Africa, Not the Other Way Around
The continent has shown a willingness to embrace new financial services technologies, and crypto addresses a pressing need in every country.
Lemonade Is Working With Avalanche, Chainlink on Weather Insurance for Farmers
A newly formed DAO backed by the Lemonade Foundation will roll out permissionless weather insurance to African farmers later this year.
