BitPesa – DIGIT INFO

Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million

DIGIT — Mon, 02 May 2022 09:30:43 +0000

Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020. Powerful Kenyan Politician Assists the Alleged Money Launderers The […]

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Bitcoin May Be the Solution to Africa’s Broken Financial System

DIGIT — Wed, 27 May 2020 20:45:00 +0000

According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption.

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13,000 ATMs in South Korea to Support Litecoin Withdrawal and Remittances

DIGIT — Fri, 28 Feb 2020 12:29:00 +0000

The Litecoin Foundation hopes to drive LTC adoption in Asia through the new partnership with MeconCash

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Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies

DIGIT — Mon, 17 Feb 2020 08:15:31 +0000

Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past 12 […]

The post Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies appeared first on Bitcoin News.

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

DIGIT — Tue, 23 Apr 2019 09:30:57 +0000

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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WEF Appoints BitPesa Founder as Co-Chair of Global Council on Blockchain

DIGIT — Fri, 25 Jan 2019 15:18:50 +0000

The World Economic Forum has appointed the CEO and founder of BitPesa, Elizabeth Rossiello, to serve as one of two co-chairs of the Global Blockchain Council

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Pesamill Africa Launches as Kenya’s Latest Exchange Offering P2P And Centralized Trading

DIGIT — Wed, 26 Sep 2018 15:45:58 +0000

Pesamill Africa started trading today in one of Africa’s most active bitcoin markets. The exchange will compete with the likes of Bitpesa, and market itself to more than 48 million Kenyans, promising to help them buy and sell cryptocurrency peer-to-peer or through a centralized exchange with an order book. Also read: European Banks Complicit as Corrupt […]

The post Pesamill Africa Launches as Kenya’s Latest Exchange Offering P2P And Centralized Trading appeared first on Bitcoin News.

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Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa

DIGIT — Tue, 25 Sep 2018 14:45:44 +0000

Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, […]

The post Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa appeared first on Bitcoin News.

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Huobi and JD Cloud Sign Cooperation Agreement to Develop Blockchain and Cloud Computing

DIGIT — Fri, 29 Jun 2018 23:19:28 +0000

Crypto exchange Huobi has signed an agreement with a Chinese blockchain company JD Cloud to explore blockchain and cloud computing

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