After the FTX cryptocurrency exchange’s collapse earlier this month that has left a trail of losses for companies and individuals, Africa’s financial regulators have sensed an opportunity to place stricter constraints on crypto’s adoption. Before FTX’s meltdown, the crypto giant was becoming a force for normalizing cryptocurrencies in Africa, through marketing campaigns that enlisted entertainers, […]
Australian mining company, Resolute Mining, said it has accepted to pay $160 million to settle a tax dispute with the Mali government, after authorities detained its British CEO. The company agreed to an immediate settlement of $80mln from available funds, with the rest to be paid later, the media reported. The CEO was detained along […]
Tunisia was officially removed from the Financial Action Task Force (FATF) blacklist, Premier Youssef Chahed tweeted. The FATF decided Friday as part of a plenary meeting (October 16-18 in Paris), to delist Tunisia and said the Tunisian government met its commitments to combat money laundering and terrorist financing, Chahed further said, according to Tunisian news […]
