Education & News
Bill Pulte, the successor of Pulte Group, a Detroit real estate company, has set his intention to deliver Bitcoin to people in Africa who are in need of financial assistance. Pulte is a strong proponent of Bitcoin and has been known to give hundreds of thousands of dollars to people
Africa
Sweden’s central bank (Riksbank) has announced it will be signing a deal with consultancy firm Accenture to develop a pilot platform for its digital currency dubbed the e-Krona. According to the Riksbank statement, it says: “The primary objective of the e-krona project is to broaden the bank's
Africa
We take a look at the Frank Muller Bitcoin watch – the world’s first functional bitcoin watch, called The Vanguard Encrypto. The Popular Swiss luxury watchmaker had earlier launched the time piece in June 2019, in partnership with cryptocurrency trading platform - Regal Assets; becoming the first company to release
Africa
Twitter CEO Jack Dorsey remarked that Bitcoin will see its future defined by Africa, as he predicted in a tweet rounding up his first tour of the continent (Nigeria and Ghana) this month. In an official tweet on Nov 27, Jack revealed he would be returning to Africa in 2020,
Africa
Bank of Ghana (BoG) Governor has revealed that the country is exploring the benefits of issuing a central bank digital currency (CBDC). Speaking at the 23rd National Banking Conference, the BOG boss - Ernest Addison said the country's central bank is discussing the launch of a CBDC project
Africa
Buying Bitcoin through exchanges and peer-to-peer purchases are very common, however it is also possible to buy Bitcoin using a Bitcoin ATM (Automated Teller Machine). What is a Bitcoin ATM? Just like regular fiat money ATM, a Bitcoin ATM is an internet-connected kiosk that allows you buy bitcoin or sell
Africa
Nigeria’s premier Bitcoin exchange, NairaEx has launched a first of many crypto projects, offering Nigerians easy crypto/bitcoin services across the country. The new service called NairaEx Pay – is a payment gateway which offers users (companies, businesses and individuals) a platform to accept and process bitcoin payments automatically. According
Africa
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has attested to the role of digitization, automation and technological innovations in the financial sector, as reported by Guardian. Speaking at the 19th National Seminar on Banking and Allied Matters for Judges, organized by the Chartered Institute of Bankers of
Africa
In response to news making rounds on its rumoured ‘MTN Coin’, the MTN Group has dissociated itself from the digital currency project. The telecom giant acknowledges the digital currency product is a mere proposal by Eureka Africa noting that the initiative was not adopted, and is therefore not involved with
Africa
A twitter user @onyenkuzi posted saying: “Someone put N100,000 in ***** stock in 2004. Ten years later it was worth a little over N11,000.” His tweet prompted an online frenzy with many Nigerians narrating tales of little or no returns on investment (ROI) from various traditional financial assets such
Africa
* This post has been updated to reveal that the Central Bank of Tunisia (BCT) has denied claims of launching a central bank digital currency (CBDC). The bank states it is focused on digital payment alternatives, including CBDC but is yet to move forward with its implementation. The Central Bank of
Africa
Tawanda Kembo – the Founder and CEO of Zimbabwe’s first cryptocurrency exchange Golix, claims to have lost the password to one of the exchange’s Bitcoin (BTC) cold wallets. Reported by local news outlet iHare on Nov.1, CEO of the once flourishing exchange allegedly lost the password in May