15 / 17 Relevant items tagged with #Africa
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Binance Announces Support For New African Currencies Without Third Parties
[Mar 2, 2023 1:30 PM] Users from Liberia, Sierra Leone and more can now directly utilize their local currencies to buy and sell bitcoin through Binance P2P.Cryptocurrency platform Binance has announced that its peer-to-peer (P2P) marketplace will now support more…
Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders
[Mar 1, 2023 3:30 AM] Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the…
Nigerian Cash Crisis: Benue State Residents Resort to Barter Trade
[Mar 1, 2023 12:30 AM] Faced with cash shortages caused by the central bank’s currency policies, traders in the Nigerian state of Benue have reportedly resorted to barter trading. Traders from the state have implored the Nigerian government to consider rescinding…
Mirror Trading International Liquidators Spent More Than $6 million on Lawyers and Investigators
South Africa Added to FATF ‘Grey List’ Despite Designation of Crypto as a Financial Product
Crypto Policy: Kenyan Senate Ready to Engage Central Bank
Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience
[Feb 24, 2023 6:30 AM] More than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to help the central bank implement a system which…
Report: Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO
[Feb 23, 2023 6:30 AM] The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of axed workers was given, one report estimated this…
Bitcoin Lightning Network growth is organic, coming from real-world adoption
[Feb 22, 2023 11:32 AM] Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr.
Nigeria’s Cash Chaos Is Reaching A Boiling Point, Underscoring Need For Bitcoin
[Feb 21, 2023 3:40 PM] As Nigerians protest over the inability to withdraw cash, it should be clear that the country needs a Bitcoin alternative.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With Bitcoin…
Reviewing The Best Bitcoin Lightning Wallets For Slow-Internet Regions
[Feb 21, 2023 10:11 AM] In regions where the internet is slow or unstable, using Bitcoin’s Lightning Network can be a challenge. What are the best tools available?This is an opinion editorial by Anita Posch, the founder of Bitcoin For Fairness who has traveled around…
eNaira is ‘crippled‘: Nigeria in talks with NY-based company for revamp
[Feb 21, 2023 7:10 AM] After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology.
Zambia tests technology for crypto regulation, says minister Mutati
[Feb 19, 2023 2:36 PM] The Bank of Zambia and the country’s securities regulator are collaborating on digital infrastructure and a policy framework for crypto.
Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange
Moody’s Says Forex Shortages May Force Nigerian Central Bank to Delay Repaying Local Banks
Report: FTX Promised High Earnings to African Students That Successfully Recruited Fellow Learners
[Feb 17, 2023 4:00 AM] The collapsed crypto exchange FTX reportedly used the lure of high earnings to convince African university students to become its ambassadors. In addition to encouraging new FTX investors to use the platform, student ambassadors were also required…
Income Movement Rightfulshare Says It Has Launched ‘First Unconditional’ Crypto UBI in South Africa
Report: South Sudan Government Bans US Dollar Transactions
[Feb 14, 2023 4:00 PM] The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government reportedly said it also wants all signed commercial…
Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
[Feb 14, 2023 5:30 AM] According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been…
As Its Central Bank Limits Cash And Pushes A CBDC, Nigeria Needs Bitcoin
[Feb 11, 2023 7:00 AM] Following an unsuccessful CBDC launch, Nigeria’s central bank is now trying to cut off cash. Bitcoin can help Nigerians find sovereignty.This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in…
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
[Feb 11, 2023 3:30 AM] Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the…
Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank
[Feb 9, 2023 11:30 PM] The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan. 13. According to the central bank governor, John Mangudya, the gold coins “have proved to be an effective…
Nigerian President Barred From Extending Old Naira Banknote Demonetization Deadline
[Feb 9, 2023 1:30 AM] With just a few days left before the old naira banknotes are demonetized on Feb. 10 as scheduled, a court in Nigeria has blocked the country’s president, Muhammadu Buhari, and the central bank governor, Godwin Emefiele, from further extending…
Nigerians Are Fighting For Their Own Money And Bitcoin Can Help
[Feb 7, 2023 12:42 PM] As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With…
South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores
Nigerian Crypto Users and Enthusiasts Dismiss 100% BTC Premium Claims
Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes
[Feb 1, 2023 1:30 AM] After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some…
How Bitcoin mining saved Africa's oldest national park from bankruptcy
[Jan 30, 2023 5:16 PM] The Virunga National Park's Bitcoin mine in the Democratic Republic of the Congo monetizes surplus energy for conservation efforts.
Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill
[Jan 26, 2023 12:30 AM] The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to…