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NFT industry in Africa and Middle-East poised for rapid growth
The African and Middle Eastern NFT industries are expected to grow by 48.3% annually to reach $3.42 billion in 2022, according to a report from ResearchAndMarkets. The post NFT industry in Africa and Middle-East poised for rapid growth appeared first on CryptoSlate. дальше »
2022-12-7 02:30 | |
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Bitcoin adoption on the rise in Africa: A discussion on the Lightning Network and mining technology – BitTalk #1
The first episode of the “Bit Talk” podcast discusses recent developments in the world of Bitcoin. The post Bitcoin adoption on the rise in Africa: A discussion on the Lightning Network and mining technology – BitTalk #1 appeared first on CryptoSlate. дальше »
2022-12-7 01:00 | |
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Strike partners with Bitnob to improve remittance payments into Africa
Strike has partnered with Bitnob to facilitate cross-border payments into Africa. The service will be available to users in Ghana, Nigeria, and Kenya, but Strike will expand to other African countries soon. дальше »
2022-12-7 15:54 | |
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What does the BIS's report on CBDC development in Africa say?
The Bank for International Settlements (BIS) has conducted a survey of nineteen central banks from Africa. In doing so, it took a closer look at the development of central bank digital currencies (CBDThe post What does the BIS's report on CBDC development in Africa say? appeared first on AMBCrypto. дальше »
2022-11-26 17:30 | |
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IMF warns Africa about the risks of its crypto adoption: “time to regulate”
The International Monetary Fund (IMF) warned Africa about the risks brought on by its quickly mounting cryptocurrency adoption. In a recent announcement, the IMF wrote that the recent collapse of major crypto exchange FTX and following crypto market crash “is… дальше »
2022-11-25 22:45 | |
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IMF: the African crypto market needs regulation as it keeps growing
The International Monetary Fund (IMF) has noted that the rapid emergence and evolution of cryptocurrencies in Africa has highlighted the need for more effective regulatory efforts. Delays in adoption The recent collapse of the FTX cryptocurrency exchange highlighted the risks… дальше »
2022-11-23 02:15 | |
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Ripple draws closer to dominating the global cross-border remittance industry
Ripple expands its ODL presence into Africa through MFS Africa. Why Ripple’s approach for the African rollout has targeted a mobile payment gateway. Ripple has continued to expand its ODL The post Ripple draws closer to dominating the global cross-border remittance industry appeared first on AMBCrypto. дальше »
2022-11-16 18:00 | |
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XRP Poised To Break New Ground As Ripple Unveils This New Trillion-Dollar Worth ODL Corridor
Ripple, the firm behind XRP, the seventh-largest crypto asset, is looking to tap the almost $1 trillion mobile money value in Africa through the use of its fast and cost-effective on-demand liquidity (ODL) service. дальше »
2022-11-16 15:51 | |
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Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead – Report
The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research. The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. […] дальше »
2022-11-16 15:20 | |
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How to build a Bitcoin Beach: Advice from the pros
Founders of Bitcoin Beach El Salavdor, Bitcoin Ekasi in South africa, Dakar Bitcoin Days in Senegal and Global Bitcoin Fest shed light on building Bitcoin communities around the world. дальше »
2022-11-14 17:10 | |
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LBank Labs establishes crypto investment fund to support Web3 development in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of rThe post LBank Labs establishes crypto investment fund to support Web3 development in Africa appeared first on AMBCrypto. дальше »
2022-11-12 10:45 | |
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eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary
Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on October 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the government […] The post eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary appeared first on CryptoSlate. дальше »
2022-11-3 18:36 | |
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One Year on, Has E-Naira Defeated the Private Crypto Adoption? Apparently Not
It has been one year since Nigeria launched Africa's first central bank digital currency (CBDC), but reports find that the response is all but overwhelming. The post One Year on, Has E-Naira Defeated the Private Crypto Adoption? Apparently Not appeared first on BeInCrypto. дальше »
2022-11-2 18:40 | |
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Coinbase Backed Mara Set To Introduce Crypto Wallet Service Across Africa
Many continents make impressive progress in the crypto space, and Africa is not left out. Many people and even businesses from Africa have plunged into crypto sphere. Gradually, digital assets are becoming a lucrative option in the continent. дальше »
2022-10-28 21:34 | |
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South Africa’s NCC Labels Obelisk A Crypto Pyramid Scheme
South Africa's National Consumer Commission (NCC) has released a report declaring Obelisk a crypto pyramid scheme. дальше »
2022-10-23 18:00 | |
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South Africa Recognizes Cryptocurrencies as Financial Products
South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of the asset class under the country’s regulatory purview. дальше »
2022-10-22 14:58 | |
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South African Financial Sector Regulator Declares Crypto Assets a Financial Product
South Africa becomes the latest country to recognize crypto as a financial product. What does this mean to other African countries? дальше »
2022-10-20 21:00 | |
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South Africa Imposes Regulation on Crypto Assets
South Africa joins the list of nations that have regulated cryptocurrencies, including the U.S., Australia, Russia, etc., as the state announced the move to regulate crypto assets. дальше »
2022-10-20 16:00 | |
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South Africa brings crypto under financial assets segment, details here
South Africa has become the latest country to bring cryptocurrency into the financial assets segment. The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, on 19 OctoThe post South Africa brings crypto under financial assets segment, details here appeared first on AMBCrypto. дальше »
2022-10-20 11:30 | |
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South Africa: Crypto Assets Are Now Classified as Financial Products
South Africa has declared crypto assets as a financial product under the Financial Advisory and Intermediary Services act. The post South Africa: Crypto Assets Are Now Classified as Financial Products appeared first on BeInCrypto. дальше »
2022-10-20 23:45 | |
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Bitcoin Rising In The Gulf: UAE Sees Crypto Market Growing 10-Times This Year
The Bitcoin (and crypto market in general) in the Middle East and North Africa (MENA) region is the fastest growing in the world, according to a report released by data platform Chainalysis. Countries that are part of MENA are Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait and Lebanon. дальше »
2022-10-11 12:19 | |
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Bitcoin Mining Is Cool Again; We Can Thank Africa, Prudence and Growing Hashrate for That
It has been a tough year for crypto mining, but the industry is primed for a rebound soon. Crypto Long & Short is our weekly newsletter featuring insights, news and analysis for the professional investor. дальше »
2022-10-9 17:23 | |
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Chainalysis: MENA Region Now World’s Fastest Growing Crypto Market
The Middle East and North Africa (MENA) region now boasts the world’s fastest-growing cryptocurrency market, according to a survey by blockchain analytics and research firm Chainalysis. MENA Received $566bn in Crypto in 12 Months The study, which was released on… дальше »
2022-10-6 16:45 | |
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Middle East, North Africa are emerging as major crypto markets- Here's why
A new report published by blockchain intelligence firm Chainalysis shed light on some interesting news coming out of the Middle East and North Africa (MENA) region. The report found that MENA was aThe post Middle East, North Africa are emerging as major crypto markets- Here's why appeared first on AMBCrypto. дальше »
2022-10-6 22:00 | |
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Middle East/North Africa Was Fastest-Growing Crypto Market Over Past 12 Months: Chainalysis
The Middle East and North Africa (MENA) was the fast growing market for crypto adoption the 12-month period to June 2022, according to blockchain analytics firm Chainalysis. дальше »
2022-10-6 14:48 | |
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Africa Has the Most Advanced Crypto Ecosystems: 95% of All Transactions Are Retail Transfers
Sub-Saharan Africa has low crypto transaction volumes, but some of the most advanced crypto ecosystems, according to Chainalysis. The post Africa Has the Most Advanced Crypto Ecosystems: 95% of All Transactions Are Retail Transfers appeared first on BeInCrypto. дальше »
2022-10-1 16:00 | |
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Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis
Sub-saharan Africa recorded $100.6 billion worth of crypto transactions on-chain between July 2021 and June 2022, according to a Chainalysis report. The post Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis appeared first on CryptoSlate. дальше »
2022-9-29 16:30 | |
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Crypto Is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report
The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects, crypto is “a way to feed their family," says Convexity founder Adedeji Owonibi. дальше »
2022-9-29 13:00 | |
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Polygon Partners With Xend Finance To Train Over 2,000 Africans on Blockchain
The Polygon workshop, an eight-week intense mentoring and Bootcamp in Africa, is now accepting applications. The Polygon Hackathon and Bootcamp are Polygon’s first on the continent, introducing developers and programmers to the Polygon ecosystem through the use of Polygon technology… дальше »
2022-9-29 12:05 | |
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Binance reintroduces futures trading in South Africa
Binance had ceased offering crypto derivative products to customers in South Africa in October… The post Binance reintroduces futures trading in South Africa appeared first on CoinJournal. дальше »
2022-9-27 20:16 | |
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