Binance Wants to Invest in Africa, Reaches Out to African Projects

Binance Wants to Invest in Africa, Reaches Out to African ProjectsAfrica 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 […]

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Ecobank Report Finds Significant Presence of Crypto in 36 African Countries

Ecobank Report Finds Significant Presence of Crypto in 36 African CountriesA 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 […]

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South African Asset Management Firm, Sygnia, to Open Crypto Exchange

South African Asset Management Firm, Sygnia, to Open Crypto ExchangeJohannesburg-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 […]

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P2P Market Paxful’s Reaches $40 Million in Monthly Bitcoin Volume in Africa

Africa Reaches $40 Million in Monthly Bitcoin Volume on P2P Market PaxfulWith 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, […]

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