Cryptocoins News / The Cointelegraph - 2 years ago
Cryptocurrency adoption in Africa is on the march, despite socioeconomic factors and headwinds. A positive report by cryptocurrency exchange KuCoin shows that crypto transactions increased by up to 2,670% in 2022.An astonishing growth trend, the stee...
Bitcoin News / Bitcoin.com - 2 years ago
Sam Bankman-Fried’s FTX is partnering with AZA Finance to expand the use of digital currencies and Web3 in Africa. Through this arrangement, the two companies will also work to “onboard African NFTs and artists onto the FTX NFT mark...
Cryptocoins News / Blockchain - 2 years ago
To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has with AZA Finance, a Kenyan-based fintech company. Through the strategic partnership, FTX seeks to enhance the use of Web3 and in Africa by off...
Cryptocoins News / The Cointelegraph - 2 years ago
Nearly 150 million people use the franc of the Financial Community of Africa (CFA) on a daily basis, from Senegal in the extreme west to Gabon in the center of the continent.Used in 14 countries, the CFA franc is pegged to the euro, printed in France...
Cryptocoins News / NewsBTC - 2 years ago
As sub-Saharan Africa develops, it is becoming increasingly dependent on transportation services – worker and leisure commutes, freight and industrial material transportation, and other movement activities involved in building emerging economies are...
Bitcoin News / Bitcoin.com - 2 years ago
Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the c...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment. Basqet said it is launching a publ...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Last week Africa founded cryptocurrency exchange, Quidax, announced that its crypto markets had been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurr...
Cryptocoins News / The Cointelegraph - 2 years ago
Mama Bitcoin is the pseudonym claimed by a young Senegalese Bitcoiner called Bineta. Her business, Bleu comme la mer, was the first retailer in Senegal (and possibly West Africa) to accept crypto as payment. She’s also the first generation of her fam...
Bitcoin News / Bitcoin.com - 2 years ago
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because...
Cryptocoins News / The Cointelegraph - 2 years ago
As part of a series of amendments to South Africa’s financial laws, crypto-asset service providers will become accountable institutions. A report from the South African Treasury announced further crypto regulations “to be finalized during 2022.”In br...
Bitcoin News / Bitcoin.com - 2 years ago
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’...
Bitcoin News / Bitcoin.com - 2 years ago
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks...
Cryptocoins News / Blockchain - 2 years ago
Johannesburg, South Africa-based crypto exchange VALR, has secured a $50 million (over 750 million Rand) Series B round led by Pantera Capital. It is the largest ever cryptocurrency funding round in Africa, raising $50 million, and the exchange is...
Cryptocoins News / The Cointelegraph - 2 years ago
South African crypto exchange VALR has raised $50 million in a Series B equity funding round, marking the largest-ever funding for an African crypto exchange.With this latest round of funding, VALR’s valuation has increased to $240 million, a 10X in...
by COINS NEWS - 2 years ago
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Cryptocoins News / NewsBTC - 2 years ago
After a steep contraction resulting from the COVID-19 pandemic, sub-Saharan economies are expanding, leading to a boom in the logistics sector as the need for transportation rises. However, more than half of active vehicles in the region are ineffic...
Bitcoin News / Bitcoin.com - 2 years ago
Ivory Coast or Côte d’Ivoire’s Tietto Minerals recently said it had drilled and extracted as much as 503.85 grams per tonne from 83 metres at its Abujar Gludehi deposit. The drilling result moves the miner another step towards...
Cryptocoins Exchanges / Binance - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws W...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
In a recent Twitter Spaces, Staci Warden, new CEO of the Algorand Foundation, announced that the Algorand Foundation has struck a deal with one of the largest smartphone manufacturers in Africa. The CEO of the smartphone company came to the realizati...
Cryptocoins News / The Cointelegraph - 2 years ago
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community. Peoples of color own cryptocurrencies at consistently higher levels than...
Cryptocoins News / NewsBTC - 2 years ago
The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the oldest continent. The conditions that led to El Salvador making Bitcoin legal tender are present all ov...
by COINS NEWS - 2 years ago
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