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What Went On In The Secret Meetings Between Cardano Developer IOHK And Zanzibar Officials?
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The Cardano Africa tour had been in full gear for a couple of weeks now, ending when Hoskinson had returned back to the States. Founder Charles Hoskinson had announced the tour after the successful launch of smart contracts capability on the blockchain and last month, the tour had kicked off.

Hoskinson and the Cardano Foundation plan to meet and liaise with developers of Cardano-based projects and officials of various countries to discuss the acceleration of blockchain adoption on the continent.

Related Reading | Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed Tokens

Judging by Hoskinson’s Twitter feed, the tour has been going as planned as he has met with a number of project leads and officials in various countries so far. One thing that remains a mystery is the secret meetings. Cardano developer IOHK has met with Zanzibar Officials but these meetings have been kept private from the general public. Here’s what we know.

Mapping The Future For Zanzibar

Finding ways to grow interconnectedness around the continent had been one of the goals of the Cardano Africa tour. The foundation had gone into this full-swing once Hoskinson had touched down in Zanzibar. Talks of technological advancement in the region have dominated this leg of the tour.
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Charles Hoskinson himself had personally inspected solar battery modules and telecom station installations in the country. This was in an effort to bolster social advancement and help businesses succeed.

IOHK and Zanzibarian officials had discussed how to bring to fruition a more connected future for the citizens in a meeting hosted by World Mobile Team. The meeting which was held on November 8 saw both the Zanzibarian government and IOHK align values for the future, pointing out that empowerment efforts being carried out by officials to give fishermen their own boats was the kind of work the developer was interested in.

Cardano Pushing Growth In Africa

The Cardano Africa tour is only another in the series of steps that the developer has taken to help promote innovation on the continent. Crypto enthusiasts have always looked to Africa as being a hotbed for blockchain adoption and Cardano has made sure to help foster the growth in the region. Particularly the growth of Cardano-based projects.

This is why millions of dollars have been spent by the foundation to fund African projects. While there, Hoskinson had made strides for Cardano to lead blockchain development in African countries and one of the ways had been education.

Related Reading | Cardano Flips Solana, Tether To Reclaim Spot At 4th Place

Cardano Foundation provides financial and educational support when needed for startups in Africa. Furthermore, a deal had been struck with the Ethiopian government to launch digital IDs that would help track the academic performance of students in the region on the Cardano blockchain. The idea is that if students’ performances can be tracked, then the quality of education can be improved based on the needs of the students.

Hoskinson has lauded the potential which the African continent holds for blockchain development and plans to expand the operations of Cardano on the continent in the coming years.
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November 11, 2021
Advancing economic freedom for our veterans and service members
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By Philip Martin, Chief Security Officer

This Veterans Day, we’re committing to investing in our extraordinary veterans and service members. Our mission is to increase economic freedom in the world, and our work has always been driven by the fact that we believe we can help to build a more fair and equitable financial system for everyone.

As a veteran myself, I’ve seen firsthand the benefits of service. I’ve also seen how difficult it can be for some veterans to be afforded the opportunities to translate their incredible skills learned in service to the business world. To harness that potential and recognize the vital and unique talents of our veterans, we are partnering with the following organizations: Bunker Labs, The COMMIT Foundation and Shift. Our partnerships will focus on two core areas:
1. Committing $200,000 to each partner organization to support their mission to advance economic opportunities for service members, veterans, and their families
2. Dedicating an additional $1 million for a new fund to create unique incentives for veterans and service members to learn more and participate in the cryptoeconomy. This will include bespoke training, networking, and career development opportunities
Alex Krongard, CEO, The COMMIT Foundation: “On this Veterans Day, I am truly grateful and humbled by Coinbase’s amazing contribution towards helping our service members and their families transition into meaningful and purpose-filled post-service lives. Their sense of service and commitment to their communities and our nation is of incalculable value and needed now more than ever. Again, my sincere thanks and a promise that the COMMIT team will continue to do our utmost in support of our veterans.”

Mike Slagh, Founder & CEO, Shift: “Shift is over the moon to partner with Coinbase to create new educational and career advancement opportunities within crypto and blockchain technologies for the military community. Our veterans represent one of our nation’s most resilient and diverse workforces, and our community’s passion for learning gives me belief that veterans have an important role to play in the modern workforce. The dedicated members of the Coinbase team have graciously volunteered their time to support our community since our company’s founding days, and I’m so grateful to begin to scale the impact that veterans and military supporters at Coinbase are already creating with military members, past and present.”

Blake Hogan, CEO, Bunker Labs: “With the commitment and financial support of companies like Coinbase, veteran entrepreneurs across our great country will have access to the professional networks and educational resources they need and deserve, to take on the challenge of starting a business. We are excited and grateful to partner with Coinbase and thank them for their support.”

Moving forward, we will continue to develop additional programming to support veterans and service members. That includes contributing to these existing partnerships while also recognizing the unique skills and attributes of our veterans as we build a championship team at Coinbase. To that end, we also look forward to adding more talented veterans and service members as we continue to grow.

Advancing economic freedom for our veterans and service members was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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November 11, 2021
Indonesia’s national Islamic council reportedly declares Bitcoin haram
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The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam.

Asrorun Niam Sholeh, chairman of MUI’s Fatwa Commission, confirmed the religious authority’s rejection of cryptocurrencies due to alleged elements of “uncertainty, wagering and harm.”

In order for the MIU to endorse crypto trading, cryptocurrencies like Bitcoin need to abide by Shariah guidelines as a commodity or a digital asset and show a “clear benefit,” Sholeh reportedly said following an expert MIU hearing.

The MIU discussed Bitcoin as part of the Ulama Fatwa Commission, which is designed to address some of Indonesia’s biggest social, political, economic and legal issues through the lens of Islamic law.

The MIU’s East Java branch previously issued a fatwa — a “formal ruling or interpretation on a point of Islamic law given by a qualified legal scholar” — declaring the use of cryptocurrency haram in late October.

While the MIU is a government-funded organization, the council’s latest decision is reportedly not legally binding. Despite the MUI admitting that the fatwa is not law in Indonesia, it still can be used as a source of “legislative inspiration,” according to some sources.

According to Bloomberg, the latest decision from the MUI doesn’t mean that all crypto trading will be stopped in Indonesia. However, the council could deter Muslims from investing in crypto and make local institutions reconsider issuing crypto assets.

Related: Indonesia leads global surge in interest in crypto

The news comes shortly after Bitcoin briefly passed the $69,000 price mark for the first time in history on Nov. 10.

The Indonesian government has taken a mixed stance on crypto regulation. Despite putting a blanket ban on cryptocurrency payments back in 2017, local authorities have preferred to keep crypto trading legal. In August, local crypto exchange Pintu raised $35 million from some of the biggest investors in the crypto and blockchain industry.