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Musician Akon accelerates plans to build a crypto city in Senegal despite problems

The Senegalese-American musician and millionaire Akon is still making progress in his quixotic quest to build a city called – yes – “Akon City” in Senegal that will run on a cryptocurrency called “Akoin”. Originally announced in 2018, Akon planned to create a $6 billion city for Africans relying on a new digital payment method. …

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G20 countries to build consensus on crypto policy for better global regulation – Bitcoin Regulation News

G20 countries aim to build political consensus on crypto assets for better global regulation. “Following the recent cryptocurrency crash, it is clear that we need internationally agreed standards on regulation,” said International Monetary Fund (IMF) Deputy Director Gita Gopinath. G20 states discuss crypto regulation G20 finance and central bank representatives met for the first time …

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