News about AFRICA

News about Africa

'Bitcoin is Hope for Africa,' Tweets MicroStrategy Founder By CoinEdition - Investing.com

'Bitcoin is Hope for Africa,' Tweets MicroStrategy Founder By CoinEdition& & Investing.com

Jack Dorsey’s Block backs bitcoin mining company that wants to bring 25-cent electricity to rural Africa - CNBC

Jack Dorsey’s Block backs bitcoin mining company that wants to bring 25-cent electricity to rural Africa& & CNBC

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa

People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature t...

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa - Bitcoin Magazine

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa& & Bitcoin Magazine

Africa Bitcoin Conference 2022 || Day 2 || 06. 12. 22 || livestream

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Strike partners with Bitnob to improve remittance payments into Africa

Strike has partnered with Bitnob to facilitate cross-border payments into Africa. The service will be available to users in Ghana, Nigeria, and Kenya, but Strike will expand to other African countries soon. The feature does not require people t...

Report: South African Digital-Only Bank Launches Crypto Payments Gateway

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the...

Report: South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News - Bitcoin News

Report: South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News& & Bitcoin News

Strike has partnered with African Bitcoin payments platform Bitnob to enable instant low-cost payments to Africa

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Strike partners with Bitnob to facilitate cross-border payments into Africa

On stage at AfroBitcoin, Strike CEO Jack Mallers announced plans to improve remittance payments into Africa thanks to Bitcoin’s Lightning Network. The Lightning Networ...

Jack Dorsey’s Block invests in renewable Bitcoin miner Gridless Compute in Africa

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African Bitcoin Mining Firm Gridless Raises $2 Million In Funding Round Led By Stillmark, Block Inc.

The mining company focuses on rural communities in East Africa and intends to increase electricity and energy access for the region.Gridless, a bitcoin mining company that is focused on rural communities in East Africa, has raised $2 million in a see...

East African Bitcoin Miner Gridless Raises $2M Seed Round - CoinDesk

East African Bitcoin Miner Gridless Raises $2M Seed Round& & CoinDesk

South African Government to Add Crypto Entities to ‘List of Accountable Institutions’

According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that...

Best Bitcoin casinos & bonuses - Business Insider Africa

Best Bitcoin casinos & bonuses& & Business Insider Africa

Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers...

As crypto grows across Africa, IMF asks for greater regulation

IMF wants to regulate Africa's crypto marketplaces. Cryptocurrency is a booming market. 25% of sub-Saharan African nations have explicitly regulated crypto, while 2/3 have prohibitions. (Read More)

BIS analysis reveals unequal CBDC uptake in Africa

CBDC helps African central banks implement monetary policy. A CBDC would save money on banknotes, transportation, and storage. Sub-Saharan Africa sends two-thirds of the world's money. (Read More)

IMF calls for tighter crypto regulation in Africa as the industry unfolds

FTX’s collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund. The International Monetary Fund (IMF) is calling fo...

BIS report finds uneven progress, differing motivations in African CBDC adoption

A survey of the continent’s central banks shows optimism about greater efficiency and inclusion, but several drawbacks remain; Nigeria already has an operational retail CBDC....

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated...

FTX’s Collapse Troubles African Fintech Firms

<p class="MsoNormal text-align-justify">The collapse of the once-beloved cryptocurrency exchange, FTX, is having an impact on some fintech companies in Africa. </p><p class="MsoNormal">Days after FTX <a href=&...

Proof Of Resilience: Financial Freedom Through Bitcoin In Africa

Bitcoin offers financial opportunities that have been explicitly taken from Africans in recent history.This is an opinion editorial by Alexandria, a citizen of Zimbabwe and a second year business administration student at Liaoning Shuhua University i...

Proof Of Resilience: Financial Freedom Through Bitcoin In Africa - Bitcoin Magazine

Proof Of Resilience: Financial Freedom Through Bitcoin In Africa& & Bitcoin Magazine

Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa

Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of RippleR...

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