Future of Currency in W. Africa: CFA Franc Collapse and Eco Inadequacy
Digital currency implementation will reduce obstacles for driving economic development in Africa Go to Source Powered by WPeMatico
Ghana
Auto Added by WPeMatico
Diving Into Three of Africa’s Emerging Fintech Economies
Financial innovation continues to drive African economics: What technological and economic potentials are hidden on that continent? Go to Source Powered by WPeMatico
Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services
Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser … Read more
Grassroots Bitcoin Cash House Movement Expands to Ghana
With one Bitcoin Cash House now established in Venezuela, the grassroots movement is independently spreading to other locations. Read.cash user ‘Koush’ has announced that the new BCH House Ghana has secured and paid for its location and will launch sometime this month. The independent movement to establish informational centers for those interested in peer-to-peer electronic … Read more
Whenever Bitcoin Prices Go Up or Down, Google Searches Soar
Statistical data suggests a clear link between Bitcoin’s price movements and consumer interest in the form of Google searches Go to Source Powered by WPeMatico
2019 Google and Yahoo Searches for Bitcoin Decline Significantly
2019 was an interesting year for cryptocurrencies. Some would say it wasn’t as bad as the crypto winter in 2018 and others would note it wasn’t as great as bull run 2017. One thing’s for sure, ever since the all-time price highs, interest in cryptocurrencies has been waning. According to data from Google Trends and … Read more
Ghana Joins the Bandwagon — Plans for CBDC, Still Wary of Crypto
Ghana’s financial institutions and regulators remain apathetic to crypto despite plans to test a pilot central bank digital currency in 2020 Go to Source Powered by WPeMatico
Ghana Exploring Digitized National Currency, Says Central Bank Exec
The governor of Ghana’s central bank says that the country is exploring a central bank digital currency, and could issue an e-cedi in the near future Go to Source Powered by WPeMatico
Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta
Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports six digital coins, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. Also read: Billion-Dollar Startups … Read more
Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again
Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add … Read more