As one of the most populated continents, Africa continues to be an important target for blockchain proponents, as adoption in the region could significantly impact the broader crypto economy. In an i...
Tag: Africa
Central Bank Making Move Towards Crypto Regulations in South Africa
Possibility of bringing a CBDC also showcased along with regulating cryptocurrencies in the region. Crypto regulations remain one of the hot topics revolving around the cryptocurrencies most of the ti...
South Africa Sets To Regulate Crypto As Financial Assets
South Africa’s central bank is planning to impose more regulation on the crypto industry as it recognizes the digital asset space. The rules will be imposed within the next 12 months to regulate crypt...
South Africa Set To Regulate Bitcoin And Other Cryptos As Financial Assets
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering...
South Africa tokenizes Zuid-Afrikaansche Republiek (ZAR) coins
South Africa has decided to kick off a project to tokenize the famous Krugerrands collectible coins. They will be minted by the NFT Web3 Momint platform, dedicated to highly innovative projects, and w...
Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets
Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages to the monetary system. However, he claimed there i...
Bitcoin not a currency? South Africa to regulate crypto as financial asset
The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as financial assets to balance investor protection and innovation. Cryptocur...
Celo Launches Web3 Africa Fund to Support Blockchain Startups
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund to support 250 projects in developing African blockchain-based projects. The fund will select 250 projects, and in ...
Crypto Adoption Rate In Kenya Highest In Africa – Here’s Why
The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa,...
Bitcoin conquering Africa – The Cryptonomist
More and more African countries see Bitcoin as a tool to combat rising inflation. Africa and Bitcoin together against inflation According to a recent report released in mid-June by Standard Bank, a ma...
Kenya leads Africa in cryptocurrency ownership
The African continent has the potential to become one of the leading cryptocurrency markets in the world. Kenya has the largest share of its population with cryptocurrencies in Africa, according to a ...
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows – Emerging Markets Bitcoin News
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To count...
Binance CEO optimistic Africa is ready for crypto adoption
Binance CEO Changpeng Zhao met with Senegal and Ivory Coast presidents to discuss cryptocurrency adoption in Africa. Zhao later expressed in a tweet his belief that Africa is primed for crypto adoptio...
Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’ – Bitcoin News
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aime...
Zambia’s first YC-backed startup enables companies to generate virtual cards — Quartz Africa
The rise of e-commerce on the continent, plus greater access to global supply chains, presents enormous upside for both buyers and sellers. But taking advantage of that upside still often requires acc...
“SEC Lawsuit Negative Impact”: SBI Africa Promises To Use XRPL If Ripple Wins SEC Case
– Advertisement – Fingers Crossed As SBI Africa Promises To Use XRPL If Ripple Wins SEC Case. SBI Japan is a major partner of Ripple. SBI is Ripple’s largest shareholder and the CEO yos...
Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book – Interview Bitcoin News
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, ma...
Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa – Coinotizia
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts wit...
Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa – Bitcoin News
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts wit...
South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery – Regulation Bitcoin News
Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he ...
Binance to Commence Crypto Awareness Tour in Africa This June
The blockchain educative programs in Africa started back in 2019. So far, Binance claims the crypto awareness tours have reached over 60,000 people in the continent. As crypto adoption is becoming a p...
Binance announces crypto awareness tour in Africa 1
Binance has announced an upcoming crypto awareness tour with the set location inside Africa. Africa has seen a massive spike in the volume of digital assets exchanged in the last two years, putting it...
Binance to launch Africa crypto awareness tour as adoption ramps up
With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking ...
Siemens Mobility inks $8.7 billion deal for high-speed rail in Egypt
A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvin...
Russia’s Control of Snake Island Spells Hunger and Instability for Parts of Africa and The Middle East
A view of Snake Island, Ukraine which is currently occupied and controlled by a Russian garrison. Wikipedia commons Russia’s foothold on Snake Island, a smattering of land off the coast of Western Ukr...
LBank and Adanian Labs Powers Hackathons, Blockchain Education, and Ecosystem Development for Africa
The past week has been enlightening and fun for both LBank and Adanian Labs as they sojourned into Africa to support the cryptopreneurial community and provide more support to builders and innovators ...
U.S. Will Release Monkeypox Vaccine From National Stockpile, CDC Says
Topline The U.S. is releasing vaccines that can prevent monkeypox from its national stockpile, Centers for Disease Control and Prevention officials announced Monday, after at least one U.S. resident t...
Netflix Establishes Film And TV Scholarship Fund For East Africa
NAIROBI, KENYA – SEPTEMBER 23: A woman and her son wait as the Netflix account app loads on their … [+] android smartphone on September 23, 2021 in Nairobi, Kenya. This week, the video-str...
Best App To Sell Gift Cards For Bitcoins In Africa – PRESTMIT
– Advertisement – It’s no news that over the past decade, Gift Cards and cryptocurrencies like Bitcoin are taking over the finance space as many people are beginning to substitute the use ...
How Blockchain is Finally Getting Africa on the Grid
Parents lining up to pay school fees in cash, lenders charging extortionate rates, and cash savings held under mattresses—these are some of the things residents in Africa have had to resort to due to ...
Africa Could Benefit Substantially by Adopting Crypto, Says Top Kenyan Financer
According to James Mwangi (CEO of Kenya’s largest banking conglomerate Equity Group Holdings), the African continent will significantly develop technologically and economically if it opens its arms to...