Senegalese-American rapper and businessperson Akon is set to begin building another crypto city — this time in the East African nation of Uganda. According to a report by Uganda’s flagship television network NBS, the country’s government has announced the allocation of land for the project. Akon City in Uganda will reportedly occupy one square mile half the […]

In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela? Cointelegraph

We already knew that PayPal was planning to support cryptocurrencies as a form of payment, and now, the online payment app announced US customers can do just that with its “Checkout with Crypto” feature, which is rolling out today. The Verge

USDC is a stablecoin co-founded by Circle and Coinbase and by managed the Centre consortium. As the name suggests, USDC is a cryptocurrency that follows the value of USD. One USDC is always worth one USD — hence the name stablecoin. Tech Crunch

The Founder of Cardano, Charles Hoskinson, believes that Africa will leapfrog the rest of the world in blockchain adoption in the next ten years. “In the next five to ten years, all the governance tools, how they vote, how the property ledgers work, how payment systems work, how the identity systems work, and how the […]

The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash. The ECCB announced the launch of its CBDC for the region via a media event held on Wednesday. DCash is the digital version of the Eastern Caribbean dollar — the official currency of the eight countries in the union. Cointelegraph