The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
If implemented the declaration would require crypto firms in South Africa to register as a financial services provider.
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.
PRESS RELEASE. With relaxed restrictions on lockdown measures in numerous countries around the world, Africa has opened her doors to tourists on both national and international levels yet again – albeit with strict health regulations to ensure the safety of all personnel and visitors. Africa’s largest online tour operators, MoAfrika, offers tourists from around the […]
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Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand Globally New York-based Digital Currency Group (DCG), an investment firm that […]
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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 onchain in the last year. The total […]
The post Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report appeared first on Bitcoin News.
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year.
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC) and foreign currency investment pool. In a press statement, the U.S. Commodity […]
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Mirror Trading International is getting flak from regulators worldwide.