Bitcoin's First African Adopter Faces Backlash From Central Bank – Bloomberg

David Westin speaks with top names in finance about the week’s biggest issues on Wall Street.
Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. Reporters from Bloomberg’s Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues.
Technology is changing how business is done in most every industry, but there are some who have been affected the most: like newspapers, manufacturing, healthcare and beyond. Quicktake Original series, System Shock, will tell the stories of this revolutionary technology.
Goldman Agrees to Settle Suit Over 1MDB for $79.5 Million
From Sneakers to Teslas, China Lockdowns Upend Global Supply Chains
Social Media Sites Face Worldwide Upheaval, Supreme Court Told
Apple Bounce Can’t Shake Off Chilling Signal for Stock Market
Abortion Misinformation Surges on Facebook, Twitter After Leak
New Zealand Leader Ardern Tests Positive for Covid, Office Says
Adeyemo Warns Foreign Banks on Helping Russia Evade Sanctions
Biden and Harris Unveil Financials, Book Income in Disclosures
World’s Richest Family Bet on Munis, Japanese Stocks, Coinbase
Golden Globes Group Explores Possible Deal With Todd Boehly
Mickelson Decides Not to Defend Title At PGA Championship
The Powerful Machine That Brought Bongbong to Victory
Tesco Boss’s £3.2 Million Bonus Is a Terrible Look
Pros Take Over House Projects From Amateurs
Venture Capitalists Are Aiming to Disrupt Fish Farming
CEOs Feel the GOP Squeeze for Weighing In on Social Issues
How Gillette Embraced the Beard to Win Over Scruffy Millennials
Baby-Formula Shortage Spurs US to Prod Abbott Over Access
Top Texas Court Allows Child-Abuse Probes for Parents of Trans Kids
Fed Board Employs Just One Black Economist, Diversity Data Show
Texas Calls for Power Conservation After Six Generators Fail
Menaced By Flames, Nuclear Lab Peers Into Future of Wildfire
Here’s How US Cities Rank on Baby Formula Shortages
A Vision to Build a City of Refugees in Ukraine
New York City Plans to Screen Every Student for Dyslexia for the First Time
Novogratz’s Galaxy Digital Braces for $300 Million Hit This Quarter
Two Terra ETPs Suspend Operations After Crypto-Market Meltdown
Bitcoin’s First African Adopter Faces Backlash From Central Bank
    
and

A regional central bank is clamping down on Bitcoin transactions after the Central African Republic adopted the cryptocurrency as legal tender without consulting its monetary authority.
The Bank of Central African States, which already doesn’t recognize cryptocurrencies, is now preventing all lenders from partnering with payment platforms that transact in digital currencies or from recognizing them as an asset. 

source