New York State has banned for a period of two years part of the “mining” activities of cryptocurrencies, the creation of virtual currencies considered too greedy in energy. This is the first US state to suspend all or part of these activities. A very energy-intensive mining activity Democratic Governor Kathy …
Read More »
South Africa’s financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated., Reuters reported In the brief notice, the Financial Sector Conduct Authority (FSCA) said a crypto asset, which it referred to as “a digital representation of …
Read More »
Central African Constitutional Court has rejected certain provisions relating to the “Sango” cryptocurrency launched by President Faustin Archange Touadera, following the adoption of bitcoin as the national currency last April. This cryptocurrency project, which is supposed to attract investors to the country and which may not see the light of …
Read More »
Jack Dorsey, the co-founder of social media platform Twitter, has announced he and US rapper-turned-businessman Jay-Z are investing a chunk of their own money into bitcoin development in Africa and India. Mr Dorsey says they are putting a total of 500 bitcoin, worth around $23.6m, in the endowment fund called …
Read More »
AfricaTopSuccess They make Africa