Analysis

Africa Faces Coronavirus Catastrophe as Tourists Deliver Deadly Infection

The WHO advises against travel restrictions amid the coronavirus outbreak. But many countries are ignoring its advice. Coronavirus cases are growing in Africa as international travelers bring the disease to Nigeria and other ill-prepared countries. African leaders need to ignore the WHO’s guidelines and restrict foreign travel before they import a coronavirus catastrophe. African leaders […]

Crypto News

South Africa Establishes a Consultation Paper to Regulate and De-Anonymize Bitcoin Transactions

Image: Shutterstock The South African Reserve Bank has released a consultation paper to regulate cryptocurrencies in the region. However, the government is seemingly introducing banking-like features to the crypto-markets, going against the very ethos of what Bitcoin stands for. The bank chooses to call cryptocurrencies as crypto “assets” over the former term, deeming the distinction […]

Crypto News

Crypto to Get Regulatory Certainty in South Africa in Payment System Review

Advertisement Authorities in South Africa are seeking comments on proposed policy changes that could, among other things, offer cryptocurrencies regulatory certainty. Per the South African Reserve Bank (SARB) and the National Treasury, an overhaul of the national payment system (NPS), a set of infrastructures and arrangements which allow the transfer of funds between individuals and […]

Altcoins

UAE Startup Menachain Is Developing a Cryptocurrency for the Middle East, North Africa Region

Image: Dubai, UAE, via GoodFreePhotos A young startup named Menachain Solutions DWC-LLC is building a cryptocurrency and blockchain-based payment platform targeted at the Middle East and North Africa (MENA) region and its large population of unbanked. MenaPay mobile app Based in Dubai, the United Arab Emirates (UAE), Menachain says it is focusing on developing “the most […]