2020-7-24 00:58 |
The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges.
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When it comes to the growth of crypto adoption, Africa and Asia lead the world: Of the top 10 countries ranked by crypto adoption in 2021, six are in either Africa or Asia. A total of $105. 6 billion worth of crypto assets were traded in Africa between July 2020 and June 2021, a growth rate of 1,200% year-on-year.
2021-12-22 08:22 | |
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P2P platforms, the need for remittances to circumvent restrictions from banks, and putting savings into crypto as a means of avoiding inflation could have contributed to the growing market in Africa.
2021-9-15 00:15 | |
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Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions.
2021-4-20 17:30 | |
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Crypto adoption has boomed in Africa in the past few years, attracting eyeballs and investments, and even celebrities joining in on the cause. The post Popstar Akon: Crypto solves Africa’s 350 million unbanked people appeared first on CryptoSlate.
2021-1-1 15:44 | |
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Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right? Crypto in Africa on the Rise Sad to be leaving the continent…for now.
2020-7-3 15:00 | |
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Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption.
2020-6-26 18:10 | |
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Canaan Creative's stock is at the lowest price since going public while Revolut is simultaneously ceding ownership of and exerting control over client's crypto holdings.
2020-6-17 19:52 | |
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Stocks keep crypto down while Africa gets Lightning Nodes. It's CoinDesk's Markets Daily Podcast.
2020-6-17 19:04 | |
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When Satoshi Nakamoto launched Bitcoin well over a decade ago, his dream was peer-to-peer electronic cash that bypassed the financial institutions. While such a system is needed globally, it’s perhaps most needed in Africa.
2020-6-4 22:08 | |
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Blockchains are flexible new forms of public infrastructure, says Michael Casey. Plus: with China rushing in, Africa is a prime battleground for the future of money.
2020-5-31 20:01 | |
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Crypto adoption appears to be growing across the continent of Africa.
2020-5-26 00:30 | |
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As government-backed fiat is failing to support people during global uncertainties, more and more people are turning towards crypto and the fact that many countries like India, South Korea, Germany, aThe post Bitcoin: Africa might become the 'leading crypto continent in the next 5 years' appeared first on AMBCrypto.
2020-5-25 23:00 | |
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Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country.
2020-5-24 16:35 | |
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On Friday, May 22, a new Tamarin Gerriety-shot documentary, Banking on Africa: The Bitcoin Revolution, will launch on Amazon Prime. The film depicts the full extent of crypto adoption in Africa and how digital currencies, specifically Bitcoin, are shaping lives in the region.
2020-5-21 01:00 | |
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Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption.
2020-5-16 11:45 | |
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In an announcement dated May 4, 2020, the privacy-centric cryptocurrency project Dash (DASH) stated that it had inked a partnership with South Africa-based crypto ATM and PoS provider AnkerPay to grow its footprint in Africa.
2020-5-6 21:07 | |
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Peer-to-peer crypto marketplace Paxul is expanding its charitable program to Africa amid the COVID-19 crisis.
2020-5-5 13:34 | |
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As per an announcement from April 23, Bundle now lets its users send, receive and request cash and crypto from Nigeria. The company is planning to expand its services to more than 30 countries in Africa by the end of 2020, providing a simple crypto fiat on and off-ramp across the continent. Aside from the […]
2020-4-24 22:39 | |
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The payments app launched initially in Nigeria, but there are plans to expand to 30 African nations his year.
2020-4-24 17:50 | |
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As a continent that is home to 54 countries, Africa has been looked upon by many as the next big space for crypto and tech adoption. There are many projects like Facebook's Libra that intend to enter The post Binance may be the first to harness Africa's unrealized crypto-potential appeared first on AMBCrypto.
2020-4-23 13:00 | |
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An intergovernmental panel in South Africa comprising the central bank, treasury, and financial regulators is calling for the enactment of strict crypto regulations in the country. Strict Crypto Policing in South Africa In a paper published by the Intergovernmental Fintech Working Group (IFWG) in South Africa, the government panel argued for the establishment of aRead MoreRead More.
2020-4-18 17:00 | |
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Sesacash plans to curb the shortcomings of Africa’s financial system by making cryptos mainstream
2020-4-16 11:55 | |
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Cryptocurrency trading is prevalent in certain pockets of Africa — but experts believe education is key to driving more adoption across the continent
2020-3-25 14:28 | |
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Akon joins Cointelegraph for an interview about his new cryptocurrency, set to spark tokenized revolution in Africa
2020-3-19 00:05 | |
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Even as the rest of the world labored through the first month of the new decade enshrouded beneath louring apocalyptic clouds – a world war seemed briefly imminent, half of Australia turned to ashes, flash floods ravaged East Africa and the most virulent virus since the Spanish flu broke out – Bitcoin marched on impregnably […]
2020-2-7 01:06 | |
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The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […]
2020-1-26 00:55 | |
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eToro, the popular trading platforms which allow users to trade traditional shares as well as crypto assets is planning to launch their debit card services in 2020. The trading platform is also looking to expand their service base in the United States, Hong Kong and Africa.
2020-1-16 19:03 | |
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Bit Sika, a Jack Dorsey-approved crypto remittance startup from Africa, has already hit $1 million in transactions after launching only four months ago. Jack Dorsey’s African Crypto Vision It is well-known that Twitter CEO, Jack Dorsey, firmly believes that cryptocurrencies have a major potential to change the economic situation in Africa.
2020-1-11 03:00 | |
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ZeU Crypto Networks Inc. , a Canada-based blockchain development company, has announced a newly-established partnership with the African focused digital currency Kamari Coin (KAM) to build a blockchain-powered online lottery and gaming platform for the African market.
2019-12-26 21:14 | |
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Karatbars International controversial KBC coin will no longer be getting attention from South Africa’s financial markets regulator, the Financial Sector Conduct Authority (FSCA). The regulator had earlier on issued a warning terming the KBC coin a ‘fraud’; German’s BaFin also made similar moves in response to Karatbars operations within its jurisdiction. FSCA Vs Karatbars International […]
2019-12-19 18:06 | |
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Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain.
2019-12-11 18:45 | |
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According to the official website of the Zambian SEC, investors are discouraged from dealing with self-proclaimed cryptocurrency advisors and “experts”. Over the course of the past couple of years, a number of crypto/blockchain scams have emerged from Africa.
2019-8-3 19:14 | |
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A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More.
2019-7-26 01:00 | |
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Zimbabwe’s worsening economic conditions have seen the citizens of the Southern Africa republic turn to Bitcoin leading to them paying a premium price on over-the-country crypto trading platform LocalBitcoins.
2019-7-18 16:22 | |
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Wala went from serving customers in Uganda to shuttering its payments app. Here's what sources say happened.
2019-7-11 16:00 | |
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According to recent analytics performed by The TIE, Africa’s Twitter sphere is feeling very bullish about Bitcoin. The continent is home to several businesses finding ways to use digital assets, so it’s no surprise that many would be optimistic about the virtual currency.
2019-7-10 21:38 | |
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Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.
2019-7-9 20:30 | |
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The optimism of the crypto community amid Bitcoin’s bull run that recently breached $13,000 mark, was short-lived, owing to the uncovering of a new Ponzi scheme in South Africa that duped investors of $135,000 on a daily basis.
2019-7-5 04:00 | |
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Bitcoin is extremely rare in Zimbabwe after the government banned it last year, with the sole crypto exchange in the country, Golix, closing in May 2018. They had 49,333 Zimbabwean... The post Massive Bitcoin Premium Develops in South Africa, Bitcoin For Sale at $50,000 in Zimbabwe appeared first on Trustnodes.
2019-6-29 17:00 | |
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By CCN Markets: One of Africa’s largest insurers, Old Mutual, has announced it will no longer cover crypto mining equipment due to lack of regulation. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners.
2019-6-14 11:31 | |
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Orania, also referred to as an Afrikaner town, found in South Africa has recently considered the likes of cryptocurrencies reports CCN. Said town is home to about 9,000 residents all of whom are White settlers with supposed, goals of wanting a better place for their children, establishing a healthy environment to raise their children and […]
2019-6-10 03:57 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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I have attended a number of cryptocurrency events, where I usually interact with cryptocurrency and blockchain enthusiasts who have been in the industry for quite some time. Only once have I been to an event where everyone was new to crypto.
2019-5-30 00:22 | |
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Africa has come a long way in technology and connectivity. Before the start of the decade, few knew what a smartphone was. However, according to data from The GSM Association, around 250 million Africans own a smartphone as of last year.
2019-5-29 21:34 | |
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The Reserve Bank of Malawi said that crypto is not legal tender in the country, while the bank is against crypto-related activities
2019-5-27 19:04 | |
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GoldeNugget is an existing reality, with over 3,000,000. 00 Euro’s already invested in West Africa for earth moving machines for the gold industry. Where you can really feel the dust, the noise, and the smell of business.
2019-5-22 12:12 | |
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By CCN: Google searches for bitcoin have climbed to a 13-month high, in tandem with its price spikes following the brutal 2018 crypto bear market. Google Trends tracks search interest for certain terms.
2019-5-20 17:45 | |
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By CCN: The Nasdaq has shown a growing affinity for bitcoin. That relationship has just gone to the next level with knowledge that CNBC Africa’s Crypto Trader will begin broadcasting from the Nasdaq studio.
2019-5-4 03:15 | |
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South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR).
2019-5-3 22:40 | |
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On Monday, Coinbase (COIN) announced a new partnership with Circle (CRLC), the issuer of the USDC stablecoin, to create what they claim to be “the world’s first fully on-chain national economy” in Bermuda.
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The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US.
In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve. ” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.