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Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent onchain in the last year. The total […]
The post Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report appeared first on Bitcoin News.
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Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. The directive went into effect […]
The post Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading appeared first on Bitcoin News.
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Zimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency.
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While the enthusiasm for widespread blockchain adoption remains, lack of education and a dearth of technical know-how continues to be a stumbling block across Africa
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Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
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Zimbabwe is now warming up to crypto as the infamous Zimbabwe dollar exists once again
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Turkey’s financial regulators have helped the country rise to the top of crypto and blockchain adopters
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CEO of the Zimbabwean Golix cryptocurrency exchange allegedly lost the password to a Bitcoin cold wallet
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Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex, Coinbase and Kraken Set up Crypto […]
The post Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash appeared first on Bitcoin News.
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Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read: Global Crypto War Is Heating up […]
The post How Governments Steal Your Money and Conceal It Through Inflation appeared first on Bitcoin News.
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