Nigeria became the first African country to launch a CBDC In 2021, Nigeria was ranked the third country globally with the highest bitcoin...

Nigeria, commonly known for its rapid growth in Africa's digital economy, was the first African country to roll out a CBDC, the eNaira....

Adaverse Accelerator is a Cardano ecosystem accelerator aggregating entrepreneurs, strategies and mentors innovators. Emurgo is the official commercial arm and a founding entity...

It is important to note that AI is not a replacement for human decision-making and is not an avenue for easy profits. AI...

The FDIC often ensures that if a bank falls, it can insure deposits allowing its users to access their funding. Unfortunately, bankrupt crypto...

Switzerland is among the few nations to embrace cryptocurrency before rejecting it The country is even one of the first to adopt a...

MakerDAO (TVL of US$6.23 billion) allows users to lend and borrow cryptocurrency and deposit collateral to mint the stablecoin DAI There are 203...

Of course, one of the exciting (if not frustrating) things about crypto remains its unpredictable nature. The foregoing provides a general overview of the crypto industry in 2023 (based on current trends). Nevertheless, it is almost certain that 2023 will also throw up more than a few surprises.

Crypto investors in Africa currently have minimal or no protection in the market, as there are no clear-cut regulations for protecting assets. Most of the trading happening in the crypto space is not regulated, creating a considerable gap. The lack of regulation means investor protection on crypto exchange platforms remains much weaker compared to the securities or futures market.

In summary, maturity and stability await DeFi in 2023, having seen a solid bullish phase and a gruelling bearish slump in 2022. Although any new technology has its ups and downs, the time is ripe for stable growth based on wisdom gained through the experiences of 2022.

Crypto regulation should strike a balance by implementing a registration and licensing regime to enable the exchanges or custodians to legally serve consumers within that market, strengthening consumer protection rules and eliminating market manipulation tactics.

ZELF has officially announced its latest feature. An anonymous Visa debit card that can be functional in any of Visa's 80 million...

In Africa alone, millions of crypto traders have lost their hard-earned money. Its ripple effect has caused Africa's crypto adoption rate to regress...

According to forex brokers operating in South Africa, the Rand is one of the world's most traded currencies due to its high volatility...

Kenya's new government has become interested in Kenya's rapid crypto adoption rate and is settling on developing new crypto tax laws. Africa's crypto...

The FTX collapse has brought in significant questions as to the conduct of cryptocurrency, and many crypto traders are pondering over their next...