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Ethiopia

Ethiopia to establish CBDC framework following new banking reforms approval
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21 June, 2024

Ethiopia to establish CBDC framework following new banking reforms approval

The Banking Business Proclamation and the NBE Proclamation will be presented before the House of Peoples' Representatives for final approval...
Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report
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21 February, 2024

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report

Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an...
China’s BTC miners flock to Ethiopia for cheap power, ideal climate
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15 February, 2024

China’s BTC miners flock to Ethiopia for cheap power, ideal climate

Ethiopia is close to completing the construction of Africa’s largest dam, making power cheaper than ever, and Chinese miners are...
M-Pesa breaks into Ethiopia where digital currencies have been declared illegal
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15 May, 2023

M-Pesa breaks into Ethiopia where digital currencies have been declared illegal

Mobile money service M-Pesa becomes the first service to challenge the state-backed Telebirr in mobile money, even as Bitcoin remains...
Crypto in Africa: Blockchain graduates and Ethiopia’s new framework
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9 May, 2019

Crypto in Africa: Blockchain graduates and Ethiopia’s new framework

Crypto in Africa: Blockchain graduates and Ethiopia's new framework