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Crypto companies have spent years pushing digital wallets and exchange apps. Cash-based crypto solutions could unlock financial inclusion for overlooked billions of cash-reliant people in developing economies. Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world….
President Biden offered his condolences to the people of Morocco on Saturday night, as the death toll from Friday’s massive earthquake surpassed 2,000. “I am deeply saddened by the loss of life and devastation caused by the earthquake in Morocco,” the president said in a statement. “Our thoughts and prayers are with all those impacted…
” Morocco finalized crypto regulatory framework: Central Bank “ The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders. On Jan. 3, during the press conference, the Governor of Morocco’s Central Bank, Bank…
“# Crypto firms ignore Africa at their peril as continent set for major adoption ” Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a…
“# Morocco is number one for Bitcoin trading in North Africa ” Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. That puts the kingdom as the top country in North Africa and in the top 50 holders of…
“#I’d rather die than go back, Moroccan migrant boy tells Spanish soldier” A Moroccan boy who used empty plastic bottles to swim to Spain’s North African enclave of Ceuta this week said he would rather die than go back to Morocco, according to the Spanish soldier who translated for him before he was escorted away….
“# $400M African fertilizer deal executed on blockchain eases COVID-19 slowdown ” A state-owned Moroccan fertilizer company has executed a $400 million transaction using blockchain technology, in what it says is a first for intra-African commerce. In a deal facilitated by the Eastern and Southern African Trade and Development Bank, OCP Group sold phosphate fertilizer…
“#24 garment workers killed in flooded factory in Morocco” RABAT, Morocco — At least 24 workers died on Monday in the northern Moroccan city of Tangier after heavy rains flooded an illegal garment factory, Morocco’s state news agency MAP reported. There were reports that as many as 28 people died. Local authorities said firefighters and…
“#Pandemic empties blue-hued Moroccan tourist town” CHEFCHAOUEN, Morocco — When COVID-19 hit Morocco, the mountainous town of Chefchaouen was one of the few that registered no cases. The picturesque town, its facades painted in distinctive hues of blue, shut its small population off from the world, and kept the virus out for months. Now, as…
“#Morocco foreign minster urges Biden to keep Trump deal” Morocco’s foreign minister is urging the incoming Biden administration to preserve a deal by President Trump to establish relations with Israel, according to a report. Moroccan Foreign Minister Nasser Bourita said the deal, which was sealed by Trump in early December, would be a step toward…