Many countries globally have created licenses permitting crypto-related firms’ operations. This step is a measure to monitor and control the functions of such companies. Therefore every crypto firm ai...
Tag: African
African Crypto Exchange Yellow Card Taps VASP License in Botswana
Yellow Card, an indigenous crypto trading platform has announced that it has received the Virtual Asset Service Provider (VASP) license from Botswana, tapping from the country’s positive disposition t...
South African regulator unravels a pyramid scheme
South African regulator NCC has announced that it has uncovered that the famous mining company Obelisk is a pyramid scheme. According to the regulator, over 4,000 citizens invested in the company. The...
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Coinotizia
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said p...
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said p...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – crypto.news
The inroads of crypto into the South African financial space haven’t really been an easy ride as it’s been faced with serious resistance and restrictions that have put a strain on the evolving crypto ...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
rand forecast after the South African inflation data
The USD/ZAR price rebounded on Wednesday after the strong South African consumer inflation data. It rose to a high of 18.24, which was close to the year-to-date high of 18.57. The South African rand h...
African Crypto Traders Get a Community-Driven Token Created By CYF
African development-focused platform Community Yield Farming (CYF) has developed a community-driven token solely for crypto traders in Africa. Launched on the Binance Smart Chain (BSC), the CYF commun...
African Crypto Exchange Yellow Card Seeks Major Expansion
African cryptocurrency exchange Yellow Card wants to be big. So big, in fact, that after raising a whopping $40 million in a series B funding round, the company says that it’s looking to become the fi...
African gas becomes a focus for EU countries trying to replace Russia supply
DAKAR, Senegal (AP) — A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Po...
South African Non-Profit Bitcoin Ekasi Opens Education Center
“Our society is based around money: who has it, how to get it, ways to grow it, what to do with it. For the millions of people who are unable to access banks and credit, bitcoin is a real solution for...
The Top 3 African Blockchain Projects
Megatech Megatech helps solve Africa’s and the world’s energy problems, by utilizing blockchain technology, MGT provides token holders with financial rewards on solar fields owned by the company. The ...
Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar – Economics Bitcoin News
The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egypt...
The Appetite For African Data Centers: Can Investment Keep Up?
By Franklin Amoo and Rahul Kumbhani Insufficient infrastructure investment has always stymied development in Africa. Most of the continent has historically lagged the rest of the world in coverage of ...
West African Country Ghana To Become The Next Crypto Leader
In terms of Crypto Adoption, the developing countries are not behind. Emerging crypto markets in West Africa, such as Nigeria and Kenya, are leading the fronts in adoption. Chainalysis reported that N...
Binance Resumes Offering Futures Trading Products to South African Users – Coinotizia
One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users, Binance sugg...
8B Investments launch $111 million student loan programme for African students – Interview
A few weeks ago, I wrote a deep dive on the macroeconomic fallout following the landmark decision of the Biden administration to forgive half a trillion worth of student debt. I then came across news ...
Binance Resumes Offering Futures Trading Products to South African Users – Emerging Markets Bitcoin News
One of the world’s biggest cryptocurrency exchanges by volumes traded, Binance, has said its futures products are now available to eligible South African users. In a message to its users, Binance sugg...
The Central African Republic Limits Sango Coin Usage
Not that long ago, the Central African Republic (CAR) – one of the poorest nations on the continent of Africa – announced that it was basically following in the footsteps of the Central American natio...
Binance Rolls Out Crypto Education Tour in 5 French-Speaking African Nations
To propel blockchain adoption and financial accessibility on African soil, crypto exchange Binance has launched a crypto education tour in five French-speaking countries. Having kickstarted the first ...
A Look At Industry Diversity Amidst The Little Mermaid Backlash And Amazon Prime Video Signing Its First Deal With An African Filmmaker
HOLLYWOOD, CALIFORNIA – MARCH 27: Halle Bailey attends the 94th Annual Academy Awards at Hollywood … [+] and Highland on March 27, 2022 in Hollywood, California. (Photo by Jeff Kravitz/Fil...
How to fast-track the future of the African cryptocurrency market
In recent years, Africa has been one of the most active regions in the cryptocurrency industry. The continent is home to several exchanges, startups, and initiatives pushing cryptocurrency innovation ...
Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves – Emerging Markets Bitcoin News
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that t...
Top South African Cryptocurrency Exchange Adds New Trading Pair For Shiba Inu
– Advertisement – South African Exchange VALR plans to add support for SHIB/USDC pair on its platform. VALR, a bitcoin exchange marketplace, recently announced that it would launch two new...
African Crypto Exchange Crosses One Million Users – Trustnodes
A crypto exchange that operates only in Africa, Yellow Card, has become one of the first to cross one million users in the continent. “Reaching the one million goal is fantastic,” said John Colson, th...
Court Rules Against the Purchase of Land and Citizenship With Central African Republic’s Crypto – crypto.news
The Constitutional Court, a top court in the Central African Republic (CAR) has ruled that it was unconstitutional to purchase land and citizenship with the government-backed crypto, Sango Coin. Purch...
Central African Republic Court Denied Bitcoin Legal Tender Offer
44 seconds ago | 2 mins read Crypto Project CAR is the first nation in Africa to accept Bitcoin as legal tender. Only $1.2 million of the Sango coin had been purchased since August 24, 2022. Africa su...
Constitutional Court Says Central African Republic’s Sango-Coin-for-Citizenship Scheme Is Illegal – Featured Bitcoin News
A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said...
Central African Republic Top Court Blocks Purchases with New Crypto
The High Court of the Central African Republic (CAR) has ruled that using government-backed cryptocurrency to buy “e-residency” or citizenship and land goes against the country’s constitution. The Cen...