Category: Egypt

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Africa and its Antiquated Banking: Cryptocurrencies The Solution?

Africa and its Antiquated Banking: Cryptocurrencies The Solution?Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning […]

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Research Paper Declares Bitcoin Compliant With Shariah Law

Research Paper Declares Bitcoin Compliant With Shariah LawBitcoin and cryptocurrencies are intriguing because they are very different from the traditional financial systems we use today. One particular subject people have pondered is whether or not bitcoin complies with the religious law that forms a part of Islamic tradition — otherwise known as Shariah Law. This week a microfinance firm based in Indonesia, Blossom Finance, […]

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Report Shows Egypt is Covertly Mining Cryptocurrency on Citizens’ Computers

Report Shows Egypt is Covertly Mining Cryptocurrency on Citizens' ComputersThe Egyptian government has been called out in a new report that suggests they are not only spying on and censoring their citizens’ internet but also using them to mine cryptocurrency.  Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Government Mining Cryptocurrency Covertly The Citizen Lab, an interdisciplinary laboratory at the University […]

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