Africa
Akoin (AKN) cryptocurrency - the coin launched by popular musician Akon (Alioune Badara Thiam) has now been listed for trading. The crypto coin which is proposed as the official currency for payments at the Senegalese star's Akon City, is now available on Bittrex to trade against Bitcoin (BTC)
Africa
The Director-General of Nigeria's National Information Technology Development Agency (NITDA) has revealed that the country could generate $6 billion to $10 billion in revenue from Blockchain over the next ten years. Speaking at a stakeholders meeting in Abuja, DG Kashifu Inuwa while reviewing the NITDA National Blockchain Adoption
Africa
Celebrity music producer - Don Jazzy has called for the use of blockchain technology in the 2023 elections in Nigeria, in a bid to ensure transparency in the electoral process. Don Jazzy's remarks came in the heat of the #EndSARS protest which saw calls for a reform of
Africa
The Central Bank of Kenya (CBK) has begun discussions with other international apex banks on the possibility of entering the digital currency (CBDC) space. According to reports, the Governor of the CBK - Dr. Patrick Njorge told newsmen that the country's central bank is "already feeling left
Africa
A former Nigerian Presidential aspirant, Adamu Garba has accused Twitter CEO, Jack Dorsey of supporting the funding of the #EndSARS protest across Nigeria. Garba made a series of Twitter posts explaining the reasoning behind his accusations and a supposed $1 billion lawsuit against Dorsey. Garba Demands Compensation for Victims of
Africa
Crowds have been protesting around the streets of Nigeria, hoping for police reforms in the nation. Many of the protesters are youth. For days, they have cried out for police reforms. Some protestors have resolved to use Bitcoin in the process due to their bank accounts being blocked. As more
Africa
The Zimbabwe Stock Exchange (ZSE) through CEO Justin Bgoni has revealed it is open to listing Bitcoin and other cryptocurrencies under licensed its subsidiary - the Victoria Falls Stock Exchange (VSFE). According to reports, the crypto listing will be subject to regulatory approval by the Securities and Exchange Commission of
Africa
Multiple reports show that a growing number of Egyptians are turning to Bitcoin (BTC) as the country's economic and unemployment crisis continues. According to local news Al-Monitor, many Egyptians are picking up interest in bitcoin mining and trading since the start of the coronavirus pandemic, as they seek
Africa
The Central Bank of Nigeria virtually launched a framework to improve financial inclusion for women. The news surfaced in an online event, “Access to Finance Framework for Women”. The welcome development could serve to increase the adoption of not only traditional finance products but also advanced financial technology like Bitcoin.
Africa
While institutions and financial players globally are working on digital currency initiatives and expanding services to cryptocurrency startups; Nigerian banks have maintained a rigid stance with regards to cryptocurrency, and seem very uninterested in learning or partnering with Bitcoin or crypto-related exchanges. This current unfriendly relationship could be first attributed
Africa
The Bitcoin ATM industry reached a milestone as the number of machines installed globally surpassed 10,000. This feat comes seven (7) years after the first ever Bitcoin (BTC) ATM was installed. At this time, there are now a total of 10,162 machines spread across 71 countries. Giving a
Africa
Nigeria's Securities and Exchange Commission (SEC) in a landmark announcement has officially recognized crypto and digital currency as "securities" under its regulatory authority; as it proposes a new set of rules for crypto-related investments. According to a Sep. 14 statement by SEC Nigeria, the capital market