South Africa

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Riddell Travel Will Help You Arrange Your African Tour With BCH

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Traveling is getting easier with the wider spread of cryptocurrencies. They can often prove more convenient than fiat money in cross-border payments, transfers and transactions. If you plan to visit the African continent, you can now use the services of a travel agency called Riddell Travel that’s willing to accept bitcoin cash for its services. … Read more

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

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During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses … Read more

Survey Ranks South Africa Top for Cryptocurrency Ownership

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South Africa has been ranked as the top country for ownership of cryptocurrency, according to a global survey by social media management company Hootsuite and global agency Wearesocial. The survey found that 10.7 percent of internet users in the country own cryptocurrency. Thailand is second, with 9.9 percent of mobile users owning cryptocurrency and Indonesia … Read more

High Cost Slows Down Bitcoin ATM Growth in Africa

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There are more than 4,000 bitcoin automated teller machines (ATMs) in the world, but only just about 10 (or 0.2 percent) of these are in Africa. In a continent widely touted as the next big growth region for cryptocurrency, could it be that the story of Africa’s growth isn’t as real as many “Africa rising” … Read more

Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments

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Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are held at home and abroad, and … Read more