Sats & Gwei | Frenchman Jailed and Fined $3.7 Million | Kenya partners with Abu Dhabi’s Venom Foundation | Kenya proposes a crypto and NFT transfer tax | And More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!

Relevant links

A Frenchman has been Jailed and Fined $3.7 Million for Buying a Ferrari with Bitcoin in Morocco

https://bitcoinke.io/2023/05/french-jailed-for-using-bitcoin-to-buy-ferrari-in-morocco/ 

Nigerian Blockchain Company, Zone, Ranks on ‘Africa’s Fastest Growing Companies 2023’ List by Financial Times and Statista

Financial Times ranks zone as Africa’s fastest-growing blockchain company

https://africa.businessinsider.com/local/markets/financial-times-ranks-zone-as-africas-fastest-growing-blockchain-company/d53ykdj  

Paxful Resumes Services After Regulatory and Internal Issues Halted Operations

https://www.coindesk.com/business/2023/05/08/paxful-marketplace-back-online-following-temporary-suspension/ 

4 African Projects Receive $80,000 in Grants from the Bitcoin Development Fund by Human Rights Foundation

https://bitcoinke.io/2023/05/4-african-projects-receive-grants-by-hrf/ 

Over 4 Million eNaira Wallets Created in Response to Cash Transfer Programme

https://bitcoinke.io/2023/05/enaira-gains-millions-of-wallets/  

Kenya partners with Abu Dhabi's Venom Foundation to build blockchain & Web3 hub in Africa

https://cointelegraph.com/news/kenya-partners-with-abu-dhabi-s-venom-foundation-to-build-blockchain-web3-hub

Kenya proposes a crypto and NFT transfer tax, as well as a tax on monetized online content

https://cointelegraph.com/news/kenya-considers-tax-on-crypto-nft-transfers-and-online-influencers  

Nigeria Approves the National Policy for a Blockchain-Powered Economy without Mentioning Crypto

https://www.coindesk.com/policy/2023/05/04/nigeria-approves-national-policy-to-create-blockchain-powered-economy/    

Mastercard launches their Music Pass NFT to offer access to Web3 training for emerging artists.

https://www.africa.com/mastercard-music-pass-nft-opens-access-to-groundbreaking-web3-training-program-for-emerging-musical-artists/  

Thank you for tuning in.

If you enjoyed this episode, please leave us a rating/review.

Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.

Disclaimer:

None of what is shared in this show is financial or tax advice. This channel is strictly educational and is not investment advice or solicitation to buy or sell any asset or to make any financial decision.  Remember to always do your own research. 

 

Follow our Twitter https://twitter.com/Bankless_Africa

Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjo
Follow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233
Join us on telegram https://t.me/banklessafrica

Subscribe to our newsletter https://banklessafrica.substack.com/

Learn more about crypto and web 3 on our website https://banklessafrica.com/