Akoin rolls out to Kenyan tech city in first step towards Akon City
The launch coincides with an AKN token listing on Bittrex cryptocurrency exchange. Go to Source Powered by WPeMatico
Africa
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Weather-tracking blockchain in West Africa, but transparency on a raincheck
A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing? Go to Source Powered by WPeMatico
Nigeria hopes blockchain will generate $10B revenue by 2030
“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general. Go to Source Powered by WPeMatico
Binance launches African affiliate program after Uganda subsidiary closes
The world’s largest crypto exchange announced two subsidiary suspensions within one month. Go to Source Powered by WPeMatico
Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards. Go to Source Powered by WPeMatico
Exploring the landscape of crypto regulations in sub-Saharan Africa
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry. Go to Source Powered by WPeMatico
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital marketplaces.” However, with oblique definitions on such key terms, … Read more
Emerging technologies can change the African financial landscape
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa. Go to Source Powered by WPeMatico
Paxful breaks ground on Nigerian school in #BuiltWithBitcoin initiative
The P2P marketplace continues its push to highlight the benevolence and positive nature of the Bitcoin community. Go to Source Powered by WPeMatico
African traders least likely to fall for crypto scams: Chainalysis
The region’s traders are highly aware of scams and avoid them. Go to Source Powered by WPeMatico