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A new Pan-African organisation aimed at promoting cryptocurrency trade within the continent has been officially launched. The Africa Digital Assets Framework (ADAF) was first launched in July 2018 during Nelson Mandela International day in the United Nations. The Pan-African organization has officially released its research and development paper which outlines the prospects that distributed ledger technologies and digital assets present to Africa. “Digital assets create a secure way for people to trade, peer-to-peer, across borders,…

Dubai’s Security Chief, Lt. General Dhahi Khalfan Tamim had at a recent event predicted that cryptocurrencies will overtake cash as the country’s mainstream payment system. The Police boss while speaking at the panel event, opined that the main hurdles against cryptocurrencies mainstream adoption include a lack of sound public awareness and an inadequate crime prevention strategy as he states “faith in digital currencies will always be questioned as long as its source and tracking system…

The European Unoin’s Parliament through its Committee on Economic and Monetary Affairs has called for strict regulations pertaining to public initial coin offerings (ICOs). In line with proceedings, members of the committee in a report presented by its Chair and United Kingdom EU representative Ashley Fox- tabled opinions and suggestions on legalization and regulation of token issuance platforms especially those within the European Union Threshold. According to the EU reports, these presently proposed ICO regulations…