Congo Opens Oil Carbon Credits Auction to Crypto Companies

[Congo opens oil carbon credit auction to encryption companies] On August 15, it was reported that the Democratic Republic of the Congo is opening oil and gas license auctions to encryption companies and carbon credit companies, which will sell carbon credits.

It is reported that Flowcarbon, a blockchain project founded by WeWork founder Adam Neumann and led by a16z to invest $70 million in financing, has expressed interest in participating in the bidding. The company is cooperating with the environmental protection organization RedemptionDAO to provide carbon credits. (FT)

Other news:

Congo Opens Oil Carbon Credit Auction to Crypto Companies: On Aug. 15, the Democratic Republic of the Congo is opening oil and gas license auctions to crypto companies and carbon credit companies that will sell carbon credits.

It is reported that Flowcarbon, a blockchain project founded by WeWork founder Adam Neumann and led by a16z to invest $70 million in financing, has expressed interest in participating in the bidding. The company is cooperating with the environmental protection organization RedemptionDAO to provide carbon credits. (FT) [2022/8/15 12:26:15]

Congo Virunga National Park Accepts Cryptocurrency Donations: One of Africa’s largest wildlife sanctuaries, Virunga National Park in the Democratic Republic of Congo says it is now accepting cryptocurrency donations. It is reported that these donations will be used to help protect the famous "mountain gorillas and the ecosystems they live in" in the Democratic Republic of Congo. Initially, it will accept donations in 12 cryptocurrencies, including BTC, BCH and ETH, according to a recent statement on its website. Additionally, the statement explains why donations in cryptocurrencies are being considered, as donations in cryptocurrencies are tax-efficient. (Bitcoin.com) [2021/5/10 21:45:20]

The Central Bank of Congo (Kinshasa) lowered the benchmark interest rate to 7.5%: The Central Bank of Congo (Kinshasa) lowered the benchmark interest rate to 7.5%. (Golden Ten) [2020/3/25]