Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from.
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Category: Ghana
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Ghana to explore offline transactions for upcoming CBDC
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection.
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Ghana’s digital cedi must emulate cryptocurrencies, Afroblock states
Afroblocks co-founder urges Ghana’s central bank to involve the in-house crypto experience and expertise to help e-cedi succeed.
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Ghana’s vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries.
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Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises After Data Shows Central Bank Gold […]Powered by WPeMatico
Ghana gearing for central bank digital currency pilot
Ghana is striving to become the first African nation to float a central bank digital currency.
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Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission hence Ghanaians should stay away from them.” Risks Associated With Crypto In remarks made […]Powered by WPeMatico
How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort […]Powered by WPeMatico
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total volume, with payouts making up $17.89 […]
The post Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year appeared first on Bitcoin News.
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Following Binance Uganda closure, Binance P2P makes strong inroads in Africa
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
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