2026-3-27 17:10 |
Sub-Saharan Africa received over $205 billion in on-chain value in just 12 months, marking a 52% jump year on year. origin »
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Nigeria, Africa’s most populous nation, is paying vast attention to its rapidly developing cryptocurrency industry marked by a string of new regulations. In the latest development, the Nigerian Securities and Exchange Commission (SEC) has shared a revised minimum capital for all regulated market entities, including operators in the digital asset market. Related Reading: Senators Signal […]
2026-1-18 04:00 | |
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2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked…
2025-1-1 21:11 | |
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The Middle East and North Africa region has become the seventh-largest cryptocurrency market as both retail and institutional adoption grows. According to a Chainalysis report, MENA received $338.7 billion in cryptocurrencies between July 2023 and June 2024, securing the seventh…
2024-9-25 11:09 | |
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The United States Commodity Futures Trading Commission (CFTC) has ordered Cornelius Johannes Steynberg of Stellenbosch, Western Cape, South Africa, to pay $3. 4 billion in restitution and a civil monetary penalty.
2023-4-28 13:38 | |
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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.
2022-12-7 02:30 | |
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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. […]
2022-11-16 15:20 | |
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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.
2022-9-29 16:30 | |
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Bitcoin education is a key part of onboarding the unbanked citizens of Africa who increasingly look to Bitcoin as their monetary network.
2022-3-23 00:00 | |
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According to the Physical Activity Market by Region index, the physical activity market in North America, Africa, and South America alone is around $340 billion. While this number is increasing every The post KAH-LIFE WORLD: A move-to-earn platform appeared first on AMBCrypto.
2022-1-12 12:15 | |
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Cardano hopes to kickstart DeFi in Africa next year with new offerings. Charles Hoskinson believes it will help liberate Africans from oppressive banking institutions. Cardano has had a growing presence in the African continent with deals in Ethiopia and Tanzania.
2021-12-30 12:38 | |
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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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With $78 billion in remittances in 2020 from Saudi Arabia and United Arab Emirates (UAE) combined, the Middle East and North Africa (MENA) region is home to two of the top three remittance corridors in the world.
2021-10-27 08:00 | |
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2021-9-17 18:35 | |
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On-demand work has created new financial opportunities, benefitting both individuals and local economies. In just two short years, the industry is expected to become a $455 billion market as freelancers and independent contractors reap the benefits of a flexible schedule and remote work.
2021-9-16 11:00 | |
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Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide.
2021-9-16 22:26 | |
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With over 1. 3 billion inhabitants, Africa accounts for over 16% of the world’s population. However, the continent still falls short when it comes to providing its residents with legitimate or government-issued identification documents.
2021-7-9 12:30 | |
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Two African brothers have disappeared, and so does the $3. 6 billion in bitcoin from their cryptocurrency investment platform. Biggest Scam In Bitcoin History? Africrypt is a cryptocurrency investment platform based in South Africa.
2021-6-24 21:17 | |
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It is suspected to be a money-laundering operation for international players. While South Africa’s FSCA is looking into Africrypt, they don't have jurisdiction as crypto assets are not legally considered financial products.
2021-6-24 18:51 | |
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Cardano is a blockchain ecosystem with a mission to provide a sustainable, practical, and cost-effective financial operating system for billions of people, including the 2 billion most underrepresented people in the world, in places like Africa.
2021-5-17 17:59 | |
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PRESS RELEASE. Cryptocurrency exchange, Quidax on Monday, 10th May officially shared plans to expand beyond Africa to the global market. They also announced the launch of their native token, QDX and revealed plans to reposition as the global home of BEP20 tokens.
2021-5-10 08:00 | |
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2021-2-18 21:08 | |
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The International Monetary Fund (IMF) says its release of $16 billion towards sub-Sahara Africa will help to cover the needs of countries badly hit by the global pandemic, Covid-19. The financial institution says despite its swift action, the region still faces a financing gap of $290 billion between now and the year 2023.
2020-10-29 08:15 | |
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Jack Dorsey, the CEO of two well-known companies – Square and Twitter – reportedly sees a future for Bitcoin, and it is in a country with a developing economy and that boasts 1. 2 billion people: Africa.
2019-12-3 01:21 | |
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FirstRand, one of South Africa’s biggest bank with $93 billion in assets, is to close the bank account of major crypto exchanges in the country, including Luno, ICE3X, VALR and... The post South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops appeared first on Trustnodes.
2019-11-20 17:57 | |
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While Russian President Putin held the First Russia-Africa Summit in Sochi, Binance CEO Changpeng CZ Zhao also addressed Africa. The Russian authorities evaluated the results of the Russia-Africa summit extremely positive.
2019-10-26 17:33 | |
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The United States of America is beating only Africa when it comes to blockchain technology according to Gartner, the global research firm with $3.3 billion in yearly revenue. They say:...
2019-6-15 19:04 | |
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The Cardano network is among the most interesting blockchain projects. The blockchain’s native cryptocurrency ADA is among the assets attracting the interest of institutional investors. The asset is already posting positive growth.
2019-5-29 09:27 | |
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The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018.
2019-2-15 20:17 | |
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A regulatory working group in South Africa, which includes the country’s central bank, has released a consultation paper on crypto assets this week. According to the document, all exchanges, wallet providers, Bitcoin ATMs and payment processors will have to register with the government in 2019.
2019-1-18 00:25 | |
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GRIC is going to disrupt and transform agriculture and farming practice with the launch of a smart blockchain based GRIC Project for agriculture, with a particular focus on Africa. It will have positive impact on the overall cryptocurrency market as well.
2019-1-17 17:05 | |
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Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal.
2018-10-7 19:55 | |
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Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP.
2018-10-6 06:15 | |
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Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.
2018-10-6 16:37 | |
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Pan-African ecommerce giant Jumia may be about to launch an initial public offering (IPO), if reports are to be believed, valuing the company at around $1 billion USD. According to Reuters, Jumia, which already claims to be Africa’s first “unicorn” based on how much investment it has received, is considering a possible New York listing early next year.
2018-10-2 15:55 | |
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The dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in the continent of 1.
2018-9-24 21:33 | |
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Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1.
2018-9-15 06:15 | |
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Africa is a market of over 1. 2 billion consumers, with fast growing developing economies and hundreds of millions of unbanked people. As such, the continent offers plenty of opportunities for new crypto ventures and Binance is eager to tap this market.
2018-9-4 18:05 | |
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International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association.
2018-7-31 19:50 | |
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Over 1. 1 billion people have no access to electricity worldwide. Instead, they rely on kerosene lamps, candles, and inefficient cookstoves, which by themselves cause health and environmental problems.
2018-7-20 14:43 | |
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