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Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’
4.5.2021
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission...
The Case Of Mobile Money In Ghana
21.4.2021
Ghana is in the throes of a mobile money boom.
Wikimedia Commons, CC BY-SA
PK Senyo, Senior Lecturer in Information Systems, University of Southampton.
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Mobile money — a technology that enables financial transactions through mobile phones without a bank account — is driving...
How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
13.4.2021
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos...
P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates
11.4.2021
According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally. Consequently, South Africa...
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
5.1.2021
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total...
Following Binance Uganda closure, Binance P2P makes strong inroads in Africa
29.11.2020
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
West African Program Will Store Weather Data on Telos Blockchain
10.11.2020
Telokanda, a collaboration between Telos and open-source weather tech company Kanda in West Africa hopes to engage local communities in collecting and sharing weather data on the Telos public blockchain. -
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
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...
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
10.6.2020
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
African Gold’s Position Amid the Global COVID-19 Crisis
24.4.2020
With blockchain tech implementation, Africa’s economic growth could rely on the continent’s gold industry, as revealed by the COVID-19 pandemic
Bitcoin Cash Meetups Go Virtual in Japan to Combat Virus, Allowing Members to Choose
15.3.2020
Due to the spread of the COVID-19 virus, BCH meetup groups in Tokyo and Osaka, Japan, have announced they will be offering a virtual option for those wishing to avoid crowded places and to participate digitally, while still supporting merchants. In Tokyo, physical venues will still be booked...
Future of Currency in W. Africa: CFA Franc Collapse and Eco Inadequacy
13.3.2020
Digital currency implementation will reduce obstacles for driving economic development in Africa
Diving Into Three of Africa’s Emerging Fintech Economies
5.3.2020
Financial innovation continues to drive African economics: What technological and economic potentials are hidden on that continent?
Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services
21.2.2020
Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of...
BTC Miami Blockchain Conference Kicks Off Its Seventh Year
17.1.2020
On January 16, The North American Bitcoin Conference (TNABC) opened its doors at the James L. Knight Center in Miami for its seventh year. The conference was filled with hundreds of crypto enthusiasts, exhibits, and well known speakers from the blockchain industry. Also Read: Grassroots Bitcoin...
First Bitcoin Cash Developers Meeting of 2020 to Be Held Today
16.1.2020
Developers from Bitcoin ABC, Bitcoin Unlimited, BCHD, Bitcoin Verde and other teams, are meeting today to continue the building of the Bitcoin Cash infrastructure. They will discuss progress towards the May 15th Bitcoin Cash Network upgrade and the standardization progress for the BCH protocol....
Grassroots Bitcoin Cash House Movement Expands to Ghana
4.1.2020
With one Bitcoin Cash House now established in Venezuela, the grassroots movement is independently spreading to other locations. Read.cash user ‘Koush’ has announced that the new BCH House Ghana has secured and paid for its location and will launch sometime this month. The independent...
Whenever Bitcoin Prices Go Up or Down, Google Searches Soar
26.12.2019
Statistical data suggests a clear link between Bitcoin’s price movements and consumer interest in the form of Google searches