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Ecobank Report Finds Significant Presence of Crypto in 36 African Countries

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Ecobank Report Finds Significant Presence of Crypto in 36 African Countries A report published by the pan-African bank, Ecobank Transnational Inc., has found that despite cryptocurrencies exerting a notable presence in each of the 36 African countries in which the company operates, only South Africa and Swaziland have adopted a “generally favorable and permissive [regulatory] stance” pertaining to cryptocurrencies. Africa’s Regulators Adopt ‘Wait and See’ Approach Regarding Cryptocurrencies Ecobank’s report finds that “As in many other parts of the world, African governments and central banks are mostly adopting a ‘wait and see’ approach when it comes to regulating cryptocurrencies.” The report states that “Many African governments and regulators recognize both the risks and the potential positive impacts of cryptocurrencies,” and that some African governments have shown an “appreciat[ion of] the difference between cryptocurrencies and the underlying blockchain technology....
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When the game is rigged: The Helping Hand

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Part 4. It's July 1998, and we have reached the business end of the World Cup in France. France square it against current defending champion Brazil. Everyone knew what dangers posed by the Samba boys. It's not a fluke this nation has 4 winners medal to their name. And besides they had the deadliest attacker in the game, Ronaldo De Lima. In a charged arena, finally the whistle went for kick off. The French were on the attack from start to finish and they won their first trophy. Two goals from Zinedan Zidane and a third from Emmanuel Petit secured victory. Now why am I telling you this story? What's all this have to do with succeeding in business and life. Yes, hard working France won, big deal! They won their second trophy last year, what's the point? Yes, France won that trophy but its not that victory which is so important. It's the news that later emerged about how they won. In 2018 former UEFA president, Michel Platini, revealed how they ...
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When the game is rigged: The Secret Formula

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Part 3: Studies shows that it's neither the best products that sell the most nor the best boxer which wins every bout. Yes, hard work, persistence, perseverance, a fiery passion and an impeccable altitude are all factors of success but then there is something more. A secret formula which can turn everything, even a sows ear into a silk purse. Every champion knows that despite the fact that they got themselves to the edge of glory relying on being dogged and long suffering, real success wasn't achieved until they discovered the little piece of rare magic that transformed their efforts into victory. An African adage says...that thing which the Elder are using to eat their pudding is under the leaf wrappings... And they also say...If a child knows how to clean his hands, then he would eat with the Elders.... True victory can only come if you have discovered that the games of wealth are rigged and you would need an 'Elder' who deem you clean enough to '...
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Bitcoin, Crypto and Banks: Economist Says It’s the End of Government Monopoly on Money

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Jeffrey Tucker, economist and editorial director for the American Institute for Economic Research, is calling out banking elites and governments for their long-standing monopoly on money, which has led to “world wars, depression and inflation, enormous government indebtedness, and the rise of leviathan states that learned to print their way to power and riches.” In a recent report, Tucker advises central banks and governments to stop meddling in the world of crypto — where they’re not wanted, not qualified and not going to succeed. But banks are hardly lying down and rolling over. They’re lining up solutions to kick Bitcoin and crypto to the curb, challenging the fintech startups that are vying to take away their monopoly and world dominance. Tucker addresses their central scheme to stop the competition: issue their own digital currencies. But a government-backed, central bank-branded coin would have nation-state borders and would live on a permissioned blockchain. It would ...
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