Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital…
Zimbabwe’s Gold-Backed Currency Sees Gains, but US Dollar Remains Dominant
Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its…
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in…
Ghana Launches Centralized Online Foreign Exchange Trading Platform
The Bank of Ghana has recently launched a centralized online foreign exchange trading platform. This…
Zimbabwe Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million…
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization…
Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
Tanzania’s Ministry of Tourism and Natural Resources has mandated that all fees in the tourism…
