Search

Nalezeno "africa": 1561

Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

13.8.2020
Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems

Global P2P Bitcoin Trading Volume at Highest Point Since Jan. 2018

13.8.2020
The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

12.8.2020
“Women need to be financially independent. This is the biggest weapon they can use to liberate themselves. When they no longer depend on anyone, they can then reach their full potential.”

Nigerian Crypto Activity Has Been On the Rise Since April

6.8.2020
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months

Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High

6.8.2020
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips...

South African Bitcoin Investment Company Faces Fresh Scam Allegations

4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...

Where FATF Crypto Compliance Gets Interesting: Africa

3.8.2020
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria

28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...

Hoskinson AMA Reveals Details of Cardano Foray into Africa

27.7.2020
In a recent YouTube AMA, Charles Hoskinson gave an update on the promotion of Cardano across the African continent

Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War

27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....

Crypto Usage and Trading Surging in Africa, Exchange CEO Says

23.7.2020
The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round

22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...

BitMEX Owner Leads $3.4M Round for South African Crypto Exchange

21.7.2020
BitMEX owner 100x said investing in VALR’s Series A would bring exposure to the fast-growing South African market

BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange

21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...

South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations

16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...

South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards

15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....

Bitcoin Usage up in Vietnam, Bangladesh & S Africa - Blockchain.com

14.7.2020
The total number of bitcoin (BTC) wallet transactions has spiked in Vietnam, Bangladesh, and South Africa, with monthly activity figures up 25%, 16% and 15.9% respectively on major wallet and exchange platform Blockchain.com. The company shared the news in a blog post, adding that although...