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The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future. For instance, instead of being seen or used as a tool for speculative trading, crypto is proving to be a more convenient and cheaper way […]Powered by WPeMatico
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber […]Powered by WPeMatico
Africa is a market of over 1.2 billion consumers, with fast growing developing economies and hundreds of millions of unbanked people. As such, the continent offers plenty of opportunities for new crypto ventures and Binance is eager to tap this market. Also Read: The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over […]
The post Binance Wants to Invest in Africa, Reaches Out to African Projects appeared first on Bitcoin News.
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A report published by the pan-African bank, Ecobank Transnational Inc., has found that despite cryptocurrencies exerting a notable presence in each of the 36 African countries in which the company operates, only South Africa and Swaziland have adopted a “generally favorable and permissive [regulatory] stance” pertaining to cryptocurrencies. Also Read: The ICO Market Has Hit the […]
The post Ecobank Report Finds Significant Presence of Crypto in 36 African Countries appeared first on Bitcoin News.
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Johannesburg-based investment management company, Sygnia Ltd., has announced its intention to launch a cryptocurrency exchange, Sygniacoin – which is expected to launch in the third quarter of 2018. Also Read: BTCC to Launch New Exchange Platform in June South African Wealth Management Firm to Launch Cryptocurrency Exchange Next Quarter South African investment management firm, Sygnia, has […]
The post South African Asset Management Firm, Sygnia, to Open Crypto Exchange appeared first on Bitcoin News.
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With an estimated population of hundreds of millions of unbanked and underbanked people, Africa is a prime location for game changing financial technologies like bitcoin to take hold. A new report shows again that while not reaching the speculative online trading volume of Asia or the West, Africans are investing in bitcoin in growing numbers, […]
The post P2P Market Paxful’s Reaches $40 Million in Monthly Bitcoin Volume in Africa appeared first on Bitcoin News.
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