by COINS NEWS - 2 years ago
In a recent Twitter Spaces, Staci Warden, new CEO of the Algorand Foundation, announced that the Algorand Foundation has struck a deal with one of the largest smartphone manufacturers in Africa. The CEO of the smartphone company came to the realizati...
Cryptocoins News / The Cointelegraph - 2 years ago
February is Black History Month, and it’s worth recounting that cryptocurrency and blockchain technology have already had a significant impact on the African-American community. Peoples of color own cryptocurrencies at consistently higher levels than...
Cryptocoins News / NewsBTC - 2 years ago
The Bitcoin remittance business is blowing up all over the world. South African financial website moneyweb brings us the report directly from the oldest continent. The conditions that led to El Salvador making Bitcoin legal tender are present all ov...
Bitcoin News / Bitcoin.com - 2 years ago
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised...
Bitcoin News / Bitcoin.com - 2 years ago
Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close it...
Bitcoin News / Bitcoin.com - 2 years ago
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD)...
Bitcoin News / Bitcoin.com - 2 years ago
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries.
Fintech Plans to Enter 12 More Countries by Year’s End
The Tanzan...
Cryptocoins News / The Cointelegraph - 2 years ago
Experts believe that Africa is primed to lead the next wave of global crypto adoption. Even though the digital asset market seems to be witnessing a bit of a lull at...
Bitcoin News / Bitcoin.com - 2 years ago
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing.
SMEs the Main Beneficiaries of t...
Cryptocoins News / The Cointelegraph - 2 years ago
It's unclear what role crypto may play in the community, given that Tanzania's central bank banned digital assets in November 2019. A group of people who have claimed...
Cryptocoins News / The Cointelegraph - 2 years ago
According to Alphabet CEO Sundar Pichai, Africa will be home to 300 million new internet users in the next five years. Web3 and social games publisher Carry1st has r...
Bitcoin News / Bitcoin.com - 2 years ago
The number of surveyed South Africans that own crypto grew marginally from 10.3% in October 2021, to 11.3% in December 2021. With this rate of ownership, South Africa is now ranked number 21 out of the 27 countries whose internet users participated i...
Bitcoin News / Bitcoin.com - 2 years ago
With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition wi...
Bitcoin News / Bitcoin.com - 2 years ago
In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million.
Morocco in Africa’s To...
Bitcoin News / Bitcoin.com - 2 years ago
Fintechs account for nearly two-thirds of the $4.9 billion that was raised by African technology firms during the past year. Fintech groups also dominate in terms of funding that exceeds $50 million, with a 40% share of the total number of tech firms...
Cryptocoins News / The Cointelegraph - 2 years ago
The Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status. Estimates from Triple A, a Singaporean cryptocurrency...