With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks” as the demand grows. Go to Source Powered by WPeMatico
Africa
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Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment
Panelists at the Blockchain Africa Conference 2022 discuss the significant potential of cryptocurrency institutional investment while highlighting the challenges it still faces. Go to Source Powered by WPeMatico
Report: Number of African Cryptocurrency Users up by Nearly 2,500%
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin, the number of cryptocurrency users in Africa … Read more
Crypto users in Africa grew by 2,500% in 2021: report
A recent report by KuCoin reveals that the number of crypto transactions has increased by 2,670% in some African countries. Go to Source Powered by WPeMatico
‘We don’t like our money:’ The story of the CFA and Bitcoin in Africa
African crypto experts and entrepreneurs explain why the African franc is an uncomfortable currency and why Bitcoin is making waves as a replacement. Go to Source Powered by WPeMatico
Mama Bitcoin: Fishing for female empowerment with crypto in West Africa
A Senegalese woman is empowering her community with Bitcoin, blockchain and a Bitcoin bakery idea that became a crypto fishery. Go to Source Powered by WPeMatico
South African exchange raises $50M in Africa’s largest funding round
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs. Go to Source Powered by WPeMatico
One man’s plan to orange pill a nation: Bitcoin Senegal
The Senegalese Bitcoin community is flourishing: there’s a homemade Bitcoin exchange, Bitcoin seminars in the local language and a growing list of merchants accepting Bitcoin in 2022. Go to Source Powered by WPeMatico
Blockchain-based internet company 3air abandons Cardano for SKALE network
A dearth of Haskell developers on Cardano prompted 3air to switch over to a more Ethereum-friendly environment. Go to Source Powered by WPeMatico
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign initiated by disgruntled users in Nigeria. Using the hashtag #Binancestopscamming, the campaigners are urging … Read more
