Category: Africa

As of 2023, the regulatory landscape for cryptocurrencies in Burkina Faso remains largely ambiguous and undefined. This lack of clarity in the legal framework places cryptocurrency usage and related activities in a grey area, with neither explicit legal backing nor prohibition. Absence of Explicit Legislation and Regulation In Burkina...

As of the period leading up to 2024, Chad’s approach to cryptocurrency was characterized by a lack of specific legislation or regulation. This absence of formal guidelines created a unique environment for the use and trade of digital currencies like Bitcoin, Ethereum, Litecoin, and others in the country. Legal...

As we approach 2024, the legislative landscape for cryptocurrencies in Cameroon reflects a transition from an initial cautious stance to a more structured and regulatory approach. This shift indicates Cameroon’s evolving perspective on cryptocurrencies within the broader context of the Economic and Monetary Community of Central African States (CEMAC)....

Before 2024, the legislative landscape for cryptocurrencies in the Democratic Republic of Congo (DRC) was largely undefined, characterized by an absence of specific regulations or legal frameworks. This unregulated environment presented both opportunities and risks for cryptocurrency users in the DRC. Legal Status and Government Stance Cryptocurrencies like Bitcoin,...

As of the period leading up to 2024, the legislative landscape for cryptocurrencies in Djibouti was characterized by a significant lack of specific regulations. This absence of clear legal guidelines created an uncertain environment for the use and trade of digital currencies. Unclear Legal Status In Djibouti, the legal...

As of the years leading up to 2023, the legislative landscape for cryptocurrencies in Sierra Leone was characterized by a lack of explicit regulation, coupled with cautious interest from the government in blockchain technology. This article explores the key aspects of Sierra Leone’s approach to cryptocurrency regulation during this...

The legislative environment for cryptocurrencies in Somalia leading up to 2023 was characterized by a notable lack of regulation and a general caution advised by the Central Bank of Somalia. This article explores the key elements of Somalia’s approach to cryptocurrency regulation during this period. Ambiguous Legal Status and...

As of the years leading up to 2023, the legislative landscape for cryptocurrencies in Sudan was marked by a lack of specific regulation, coupled with a general caution advised by the Central Bank of Sudan. This article explores the key elements of Sudan’s approach to cryptocurrency regulation during this...

Before 2023, Morocco’s approach to cryptocurrency regulation was characterized by caution and a strong emphasis on financial integrity and stability. The Moroccan government, along with key financial institutions, has been wary of the risks associated with unregulated digital currencies, leading to a cautious regulatory stance. Government’s Cautious Stance: In...

Angola’s approach to cryptocurrencies prior to 2024 was marked by caution and a lack of formal regulation, reflecting the country’s tentative stance towards this emerging financial technology. Initially, the Angolan government and the Central Bank did not issue any formal regulations or guidance on the legality and usage of...