A number of emerging economies across Africa have the potential to become digital asset hubs. Simultaneously, the cost of compliance for crypto exchanges is increasing as regulatory clarity emerges, according to Ben Caselin, chief marketing officer of VALR, a crypto exchange based in Johannesburg, South Africa. “South Africa is the entryway to the rest of…

Despite the growing adoption of cryptocurrency, investors shouldn’t get too comfortable trusting marketing and should always do their own research, according to Amanda Cassatt, the founder of Web3 marketing firm Serotonin. “Marketing is a mechanism for perpetrating the fakery and the scams, and I think people should be very skeptical and do their own research,”…

International Monetary Fund (IMF) staff members have issued a guide for policymakers and banking institutions on ways to increase the uptake of central bank digital currencies (CBDCs) globally. The IMF issued the “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users” paper on Sept. 21. The paper recommended implementing inclusive strategies for intermediaries…