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Economic and Monetary Community of Central Africa (CEMAC)

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently NeededA well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country are “much greater if crypto is […]

Analyst Says Lower Prices for Bitcoin Could Serve As Catalyst for Rally to New Highs – Here’s What He Means

Report: Central African Banking Regulator Says Crypto Ban Still Effective

Report: Central African Banking Regulator Says Crypto Ban Still EffectiveAn African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set Up System to Identify Crypto Transactions An African regulator, the […]

Analyst Says Lower Prices for Bitcoin Could Serve As Catalyst for Rally to New Highs – Here’s What He Means