Adoption

Ethereum Adoption in Africa: Challenges & Opportunities

Adoption, Ethereum / Leave a Comment

As the world’s attention shifts to decentralized finance (DeFi) and non-fungible tokens (NFTs), Africa remains a crucial frontier for Ethereum adoption. Africa, with its vast and growing population, presents a significant opportunity for Ethereum adoption.  Despite regulatory hurdles and infrastructure challenges, the continent’s entrepreneurs, governments, and enthusiasts are harnessing Ethereum’s power to drive innovation and […]

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Cryptocurrency Uptake and Usage in African Countries: A 2024 Overview Introduction

ACCN / Leave a Comment

Cryptocurrencies have quietly but significantly transformed the financial landscape in Sub-Saharan Africa. With a unique blend of necessity, innovation, and resilience, African countries are embracing digital currencies as a means of empowerment, financial inclusion, and wealth preservation. In this article, we delve into the key developments, trends, and events surrounding cryptocurrency adoption across the continent,

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South Africa Is Ranked Among The Top Crypto Countries Worldwide – Here’s How We Compare

Country News, South Africa / Leave a Comment

CoinJournal conducted a global study intending to highlight the world’s most successful crypto countries, ranking South Africa 10th overall. The study ranked the countries based on their number of crypto startups, investment companies involved in crypto, estimated realised gains, and the number of crypto owners from the latest data available as of November 2022. Cryptocurrency

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Original Article By: https://businesstech.co.za/news/finance/660751/south-africa-is-ranked-among-the-top-crypto-countries-worldwide-heres-how-we-compare/

One Year After “eNaira” Was Launched, Nigerians Still Struggle With The Digital Currency

Nigeria / Leave a Comment

  On Monday, 25 October 2021, Nigeria launched Africa’s first central bank digital currency (CBDC) eNaira, with the theme “Same Naira, More Possibilities”. The eNaira, which was activated the same day by President Muhammad Buhari, promises to increase remittances, foster cross-border trade, improve financial inclusion and enable the government to make welfare payments more easily,

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Original Article By: https://www.withinnigeria.com/2023/01/16/one-year-after-enaira-was-launched-nigerians-still-struggle-with-the-digital-currency/

10% of SA Adults Own Cryptocurrency – But Who Owns More, Men or Women?

Country News, South Africa / Leave a Comment

  Cryptocurrency adoption in South Africa has held steady over the past several months, according to the latest data from Finder.com.   Ten percent of South African internet users aged 18+ currently own cryptocurrency. It should be noted that this figure or percentage is down from 11% late last year. Men are much more likely

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New Crypto Hub for Central African Republic; Here’s what’s next.

Central African Republic (CAR), Country News / Leave a Comment

    The Central African Republic (CAR) has launched the Sango crypto-hub initiative. It is funded by the government to promote the expansion of the regional market for digital assets. The Sango initiative has been introduced following CAR’s acceptance of Bitcoin as legal tender in April. The project aims to attract businesses, international crypto-talent, and enthusiasts, in addition

New Crypto Hub for Central African Republic; Here’s what’s next. Read More »

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Original Article By: https://ambcrypto.com/new-crypto-hub-for-central-african-republic-heres-whats-next

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