Crypto use and adoption is beginning to see significant growth across Africa
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 country. Uganda, Nigeria, South Africa, Kenya, and Ghana are listed in the […]
The post South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption appeared first on Bitcoin News.
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world.
In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand.
With blockchain tech implementation, Africa’s economic growth could rely on the continent’s gold industry, as revealed by the COVID-19 pandemic
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by the Financial Action Task Force (FATF). Top Regulators Publish Crypto Regulatory Policy A number […]
The post South Africa Proposes 30 Rules to Regulate Cryptocurrency appeared first on Bitcoin News.
South African COVID-19 status verification app set for April launch, promises user data privacy while improving contact tracing
The Cardano Foundation aims to foster blockchain’s presence throughout South Africa
While the enthusiasm for widespread blockchain adoption remains, lack of education and a dearth of technical know-how continues to be a stumbling block across Africa
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered […]
The post ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies appeared first on Bitcoin News.