According to South African tax experts, tax authorities worldwide have raised eyebrows about the potential tax implications of the NFT market.

According to crypto data firm, Chainalysis, illicit crypto activities have declined and the cumulative revenue of cryptocurrency scammers in 2022 is currently 65% lower than the record in July last year.

According to Smile Identity, the crypto industry in Africa seems to have experienced the lowest cases of fraud in the first half of 2022.

According to a report by Cointelegraph Research and Keychain Ventures, most investors seem to have used the bear market as an opportunity to invest in the Web3 industry.

On a Twitter space conversation hosted by Skill Haven Africa, Nigerian music producer, Leriq and co-founder of African Valuables Collective, Kweku Essien share their views on NFTs being the future of creatives.

The United Nations Conference on Trade and Development (UNCTAD) has called for action to curb the rise of cryptocurrencies in developing nations.

Kenyans recently held national elections and the voting system closely mirrored the bitcoin blockchain, according to Forbes.

According to the European Central Bank, a CBDC could be the “holy grail” for cross-border payments, offering a solution that is immediate, cheap, and universal in terms of reach.

A South African Professor has accused the South African central bank deputy governor of spreading inaccurate information that does immeasurable damage to the crypto industry.

Uganda is considering establishing its own Central Bank Digital Currency.

Yesterday, NBS Television hosted a Twitter spaces chat to engage industry experts in a discussion about how legalizing crypto will affect Uganda’s financial landscape. Here is what industry experts have to say.

Allen Wei, CEO of crypto exchange LBank, explains how blockchain could have a significant impact on Africa by creating an inclusive society.

According to the Bank of England, a $2 trillion plunge in the value of crypto assets underscores vulnerabilities in the market and highlights the need for tougher law enforcement and regulation.

According to the IMF, 13 African nations have considered having central bank digital currencies (CBDCs), with 9 countries in the research phase, 3 in the piloting stage, and 1 that has already deployed its own CBDC.

Bitcoin experts have visited the Central African Republic and offered advice on how the country can best adopt and utilize Bitcoin (BTC) as legal tender.