No estimated figure is put to it but the latest Chainalysis 2020 Geography of Cryptocurrency Report suggests that a significant volume of cryptocurrency transactions is now being conducted between Africans and individuals and businesses in other regions — particularly China in Eastern Asia...
France's first-of-its-kind framework that will ease the conduct of ICOs - initial coin offerings - in the country may see its impact spread to Africa where blockchain has been gaining momentum. There have been inconclusive debates on how to regulate the novel blockchain-based crowdfunding m...
The week starts with some developments in Africa's crypto space which may shape related discussions in the region for coming days. Zimbabwe embracing Bitcoin? It starts with Zimbabwe's newly appointed finance minister, Mthuli Ncube, who made public his intention to push the country's cen...
August 31, Binance Labs, the blockchain incubator arm of the major cryptocurrency exchange Binance, has released 10 reasons for their Africa crypto commitments. Benjamin Rameau, director of Binance Labs, posted an article on Medium to demonstrated 10 reasons for its Africa-focused expa...
A conglomerate of major banks across three main continents including Asia and Africa have teamed up to collaboratively research on distributed ledger and blockchain technology as part of a developing global digital economy. The multilateral cooperation agreement involves member development b...
Opera has reportedly launched a beta for their in-browser crypto wallet which could be big in parts of Africa where the browser has the highest number of users. Awareness and use of cryptocurencies have been growing in parts of the continent in the last two years. A major constraint for many Af...
No country in Sub Saharan Africa has embraced cryptocurrencies as legal and regulated within its borders, a new report by pan-African bank, Ecobank Transnational Inc, has shown. Rather, their governments and central banks are employing a ‘wait and see’ approach and appear “to be looking ...
A Kenyan startup's new product that allows companies in Africa to send payments to China using Bitcoin is the latest in the line of digital currency-related initiatives that connect countries from both ends. Bitpesa's China scheme was launched this month to allow users in Kenya, Uganda,...
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