Tag: Africa's crypto market

CAR: Constitutional court rules out Sango’s power to buy citizenship, land or residency

The Sango included opportunities to buy land, residency and citizenship The constitutional court in the country ruled that citizenship did not have a...

Binance holds talks with Africa’s largest economy to create a virtual cryptocurrency zone

Recently, Binance has talked with Nigeria Export Processing Zone Authority to establish the first virtual economic zone in West Africa. NEPZA's Managing director...

USB Mining attracts potential crypto miners in Africa

USB mining is typically a tiny mining rig a crypto trader can establish through a Universal Serial bus (USB) stick. In January 2022,...

Binance academy in Africa: Nurturing crypto and blockchain gurus

Binance Academy began by providing free crypto classes and met with staggering numbers. In the first wave, 70,000 Africans successfully graduated from their...

Cryptocurrency trading: Top African countries dominating crypto space

Africa has recently caught the eye of prominent cryptocurrencies such as Bitcoin and Ethereum. Cryptocurrency projects have risen in the past few years, and...

Will crypto eventually replace fiat currency?

People can already exchange crypto for fiat through trades or exchanges with other cryptocurrencies. The popularity, awareness, and acceptance of cryptocurrency and blockchain continue to grow. The more the understanding and usage of crypto, the greater its relevance as a medium of exchange.

Morocco: Central bank to unveil a cryptocurrency regulation bill

Morocco recently announced, through its Central Bank, that it would soon unveil a Cryptocurrency Regulation Bill Morocco was the first African country to...

South African Reserve Bank sets to regulate cryptocurrency

The South African Reserve Bank will have regulations for cryptocurrency by the end of 2023 South Africa surged past Kenya to take the...

South Africa dethrones Kenya in cryptocurrency ownership

South Africa has dethroned Kenya as the country with the highest cryptocurrency ownership rate

Crypto market crash and the effect the wider financial ecosystem

The present crypto market crush is similar to a traditional bear market in that it drives weaker start-ups out of business while allowing stronger firms to mature and validate their insights.

The state of cryptocurrency adoption in Africa per country

Cryptocurrency adoption in Africa is at its toddler stages. Countries are split between banning, allowing and being lukewarm on cryptocurrency

Crypto regulation: can African governments find unity of purpose in CBDCs?

Individual African countries cannot devise a worldwide plan to foresee the growth of private transnational digital currencies amidst crypto regulation needs because of their small economies.

The addition of M-Pesa to Binance creates excellent possibilities for crypto trading

Users can now seamlessly convert fiat currency for cryptocurrencies in their peer-to-peer transactions thanks to the incorporation of M-Pesa, which is protected by escrow service.

Lessons we can draw from the ongoing crypto market crash

Bitcoin is trading just above US$20000 (US$20971.10 at the time of writing), the Luna blockchain is gone, and the general market is in dire times with very few coins and tokens in positive territory on a 12-month basis.

Africa: A closer look into Web3’s evolutionary transition into the digital economy

Web3 refers to the concept that the future generation of the internet will be constructed on decentralized blockchain technology, giving people more power over their data.

Cryptocurrency offers hope for Africa’s economic resurgence

The potential of blockchain to produce and transfer value in society through cryptocurrencies will result in a generational transition in the Internet's growth, from an Internet of Information to a new generation an Internet of Value.