Pan-African insurance firm Old Mutual will not provide coverage for crypto mining equipment due to the unregulated nature of the industry
Overstock subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African nation digitize government services
Binance has launched a charity program with an NGO in Uganda that will provide supplies and infrastructure to schools in Kampala
If Bitcoin is to help Africa catch up with the rest of the world, what is preventing Africans from adopting the cryptocurrency?
The post Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption? appeared first on Bitcoin Magazine.
Rwanda’s central bank has issued a warning about alleged ICO scams and crypto pyramid schemes targeting the country’s residence
The Reserve Bank of Malawi said that crypto is not legal tender in the country, while the bank is against crypto-related activities
There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef has pledged $100K in addition to Roger Ver’s initial $10K […]
The post Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate appeared first on Bitcoin News.
Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […]
The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News.
ADAF, a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent, has published the first version of its ICO guidance
Express Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned […]