Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
Relevant links
In conjunction with the IMF, the Digital Currency Monetary Authority (DCMA) has Launched an International Central Bank Digital Currency (CBDC)
https://www.prnewswire.com/news-releases/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html
Opinion piece - https://medium.com/yardcouch-com/new-global-reserve-currency-announced-this-week-to-end-cash-9f678e245c2d
The Reserve Bank of Zimbabwe has backed its Digital Tokens with over 200 Kilograms of Gold
https://bitcoinke.io/2023/05/zimbabwe-backs-digital-tokens-with-140-kilograms-of-gold/
Press Statement - https://www.rbz.co.zw/documents/press/2023/April/Press_Statement_-_Issuance_of_Gold-backed_Digital_Tokens_1.pdf
Reserve bank documents - https://www.rbz.co.zw/index.php/publications-notices/notices/press-release
Cardano’s Innovative DeFi Platform Rescues Real Lives, Solving Africa’s Housing Crisis
https://www.crypto-news-flash.com/cardanos-innovative-defi-platform-rescues-real-lives-solving-africas-housing-crisis-report/
https://bitcoinke.io/2023/05/empowa-launches-community-rewards-program/
Nigerian Crypto Infrastructure Startup, Yuki, Partners with Nigerian Neobank, Aladdin Digital Bank, to Mainstream Digital Assets in Africa
https://bitcoinke.io/2023/05/yuki-and-aladdin-digital-bank-partnership/
https://disrupt-africa.com/2023/05/05/nigerias-yuki-in-aladdin-digital-partnership-to-bring-digital-assets-to-over-75-users/
Algorand GameFi Platform, Zone, Reportedly Hits 10.6 Million player minutes a month After Global Launch
https://bitcoinke.io/2023/05/zone-gamefi-platform-statistics
The blockchain-based lender of small businesses in emerging markets, JIA, has raised $4.3 million in seed funding
https://techcrunch.com/2023/05/17/jia-a-blockchain-based-lender-of-small-businesses-in-emerging-markets-raises-4-3-million-seed/
Link previous JIA interview episode - https://twitter.com/Bankless_Africa/status/1583053718807011330?t=93WB_t1pZHodzLiRmgLIOw&s=19
The IMF reflects on the first year of the eNaira, states that it still has potential in financial inclusion
https://cointelegraph.com/news/imf-sees-room-for-enaira-improvement-in-first-year-assessment
Link to IMF paper - https://www.imf.org/en/Publications/WP/Issues/2023/05/16/Nigerias-eNaira-One-Year-After-533487
According to the CVVC African blockchain funding report, in 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the 2021
https://news.bitcoin.com/african-blockchain-business-funding-rose-429-in-2022-report/
Link to the report: https://docsend.com/view/8gqg5hhfvxyuhv2b
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Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
Disclaimer:
None of what is shared in this show is financial or tax advice. This show is strictly educational and is not investment advice or solicitation to buy or sell any asset or to make any financial decision. Remember to always do your own research.
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