Zambia has taken its first step towards joining the cryptocurrency-friendly countries in Africa
The project which involves the Securities Exchange Commission and the...
Crypto adoption and usage have remained on the rise as Kenyan investors explore new ways to preserve their wealth and carry out international transactions for individual remittances and commercial purposes, including importing goods.
Crypto experts have touted the payment of imports through digital currency as quick and convenient. People do not have to buy dollars using Kenya shilling or transfer money to cash transfer firms. Nevertheless, Kenyans, mainly the youth, have previously lost their hard-earned millions in crypto scams due to a lack of regulation in the sector.
Fake cryptocurrency apps often work by tricking users into downloading them, either through deceptive adverts or by impersonating a legitimate app
Fake cryptocurrency...
The report is based on a survey of over 12,000 people from 16 countries, providing valuable insights into individuals' attitudes and behaviours towards...
The UK government opened a public consultation on cryptocurrency regulation
The Bank of England simultaneously released a consultation paper on "Britcoin"
There could...
The Advertising Regulatory Board, added new clauses to its rules that guide cryptocurrency advertising
The relative freedom with which crypto has operated in...
Cryptocurrency exchanges operating in Kenya are expected to pay a 20% excise duty on cryptocurrency transaction fees
Where cryptocurrency sold has been held...
One Bitcoin transaction uses 1449 kWh, roughly enough to power the average African Household for approximately 100 days
The European Commission suggested adjustments...