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Central African Republic
Gemini Reportedly Cutting Another 10% of Staff; Central African Republic Forms Committee to Draft Crypto Bill
Crypto exchange Gemini is shedding another 10% of its staff, according to an internal message viewed by The Information. Plus, the latest details as the Central African Republic forms a committee of experts from several government ministries to draft crypto legislation.
Exploring the Humanitarian Case for Bitcoin
Social activist Farida Bemba Nabourema shares insights into educating the Norwegian parliament and top government officials in Oslo about bitcoin's humanitarian impact. Plus, how crypto has helped her and other residents of Togo, outlook for mass global adoption, and what the media might get wrong about Central African Republic's crypto ambitions.
Levels to Watch for Market Bottoms
ANB Investments Founder and Managing Partner Jaime Baeza discusses his outlook for bitcoin and indicators for market tops/bottoms amid times of high volatility. Plus, his take on the Central African Republic's plans to develop a crypto hub, tips for surviving the crypto bear market, and more.
Central African Republic Teases Plans for Crypto Hub
The Central African Republic (CAR) has unveiled plans for Project Sango, a crypto hub that would include a “crypto island” and a digital wallet to attract global crpyto enthusiasts. In April, CAR became the first African nation to adopt bitcoin as legal tender.
Crypto Adoption Outlook as Fidelity and Central African Republic Embrace Bitcoin
The “Week in Review” panel discusses Fidelity adding bitcoin in its 401K programs, what Elon Musk’s deal to buy Twitter could mean for the social media platform and the Central African Republic’s decision to adopt bitcoin as legal tender.
Panama Passes Law to Exempt Digital Assets From Capital Gains Tax
Panama’s legislature passed a bill to exempt digital assets from capital gains taxes by a 40-0 vote, although it still needs to be signed by President Laurentino Cortizo to become law. “The Hash” group discusses Panama’s dependence on the U.S. Dollar, as other countries such as El Salvador and the Central African Republic utilize crypto to break away from these ties.
Apollo Hires JP Morgan's Christine Moy to Lead Digital Assets Strategy
Apollo Global Management made a major push into crypto by hiring former JPMorgan (JPM) executive Christine Moy as its first head of digital assets strategy. “The Hash” group discusses Moy’s experience with metaverse projects like Decentraland and the broader narrative of increased global interest in crypto as the Central African Republic adopts bitcoin as legal tender.
Genesis CEO on Bank and Investor Sentiment Toward Bitcoin
Genesis CEO Michael Moro shares his bitcoin price analysis, noting a long-term bullish sentiment among investors despite a recent decrease in trading volume. Plus, his take on the Central African Republic’s decision to adopt bitcoin as legal tender and the attitude of major banks toward BTC.
Bitcoin Is Now Legal Tender in Central African Republic
CoinDesk's Nikhilesh De discusses the Central African Republic’s decision to adopt bitcoin as legal tender, following El Salvador as the second country to do so. De explains how currently the two nations’ economies are dependent on foreign powers, possibly driving them to digital assets as a means of self-sovereignty.