Tag: cross-border transactions

Avalanche and Fonbnk Forge Partnership to Accelerate DeFi Adoption in Africa

Fonbnk, a renowned African DeFi organization, has officially announced a partnership with Avalanche, a crypto firm. Fonbnk will make its no-code, low-code,...

Weighing on the possibility of Africa adopting Bitcoin as a reserve currency

African nations should build robust and stable economies that are less reliant on natural resources and more diverse. Potential transformation might come from investing in education research and innovation, infrastructure, improving governance, and reducing corruption. While Bitcoin could offer future advantages as a reserve currency, it is unlikely to be a realistic alternative for many African nations in the short term. Instead, African governments should concentrate on developing robust and stable economies less exposed to external shocks while remaining resilient to global market challenges.
You have not selected any currencies to display