Overall, the growth of crypto in Sub-Saharan Africa will continue, provided inhabitants continue facing challenges that crypto has demonstrated it can solve. The solutions offered by crypto include preserving savings in periods of economic volatility and aiding cross-border remittances in places with strict capital controls.
Blockchain technology functions on a similar principle of decentralization since It's a network of securely, transparent, and verifiable information stored on thousands of...
Fuse has stated that its partnership with ChromePay intends to improve blockchain-powered payments in Africa. The improvement can overcome significant faults in the current payment system. This includes exorbitant transaction costs, excessive intermediation, regional fragmentation, frequent lack of platform compatibility, chargebacks, hidden interest, and other issues.
South Africa ranks eighth worldwide in crypto ownership
7% of its total population have crypto investments from different exchange platforms, with 43% of...
Cryptocurrency futures contracts are derivative products that allow market participants to enter into contracts for future purchase or sale of underlying assets (cryptos)...
The first African cryptocurrency that utilizes the Proof-of-Work concept was launched in 2018
Neil and Michela Ferreira, together with Tony Ferreira, founded the...
The world has seen the creation of a new category of digital assets in recent years. The assets range from shitcoins to NFT, stablecoins to Central Bank Digital Currency (CBDC), and a new sort of legal personality (DAO) and Metaverse. Digital assets are establishing a new legal, financial, and social paradigm in Africa, with Cameroon playing a crucial role.
In 2018, Chris Maurice discovered the need to revolutionize the financial building block to promote Web3 adoption. Through this inspiration, he created Yellow...
There are a multiplicity of cryptocurrencies, each deriving intrinsic value from different places (investments)
Cryptocurrency is not a scam, and people need more...
Since transactions are worldwide, crypto must have international coordination and holistic regulation. This way, crypto will live up to its potential on the African continent and beyond. Although significant progress exists in this area, the current fragmented approach to crypto regulation throughout the globe is not optimal.
According to James Mwangi, the chief executive of Equity Group Holdings Plc, Cryptos could potentially complement mobile money in Africa
GSMA estimates that...
There are many advantages to Crypto Investment in Africa. The largest economy in Africa has the most population (more than 200 million people), which...
