Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework

Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence and boost participation by innovators.” Uganda’s FIA Calls for Crypto Framework The remarks by BAU’s […]

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Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace

One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction the digitally represented items on Binance’s non-fungible token (NFT) marketplace. Uganda […]

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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

As Traditional Remittance Rates Soar, Crypto-Based Transfers Can Cut Costs in Africa by 90%Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […]

The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News.

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African Cryptocurrency Exchanges Forced to Step up Security

African Digital Currency Exchanges Step up Security to Safeguard Investor FundsCryptocurrency exchanges in some of Africa’s biggest bitcoin markets have been forced to rethink their security to thwart persistent attacks from hackers, a trend that has troubled trading platforms all around the world. Also read: Cointext Launches Bitcoin Cash SMS Wallet in Argentina and Turkey The Worst Yet to Come for African Exchanges Exchanges in the […]

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