cryptocurrency

Airtel Africa: Driving Change with 4G & 5G Investment in Nigeria

Nigeria / Leave a Comment

Airtel Africa has revealed that it acquired fourth-generation (4G) and fifth-generation (5G) spectrums from the Nigerian Communications Commission (NCC) at a cost of US$316.7 million as part of its strategic mission to bolster connectivity in Nigeria. The telecom giant was the sole bidder in the auction that saw them acquire 100MHz in the 3,500MHz band and […]

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African man pointing at a monitor that is displaying the word blockchain

Blockchain Association Disowns Upcoming Kampala Summit

Uganda / Leave a Comment

  The Blockchain Association of Uganda has distanced itself from an upcoming blockchain conference in Kampala, saying they are not sure about the authenticity of the organiser, Streakk. The Kampala Blockchain Summit is scheduled for Tuesday January 17, at the Sheraton Hotel under the theme ‘Unlocking the potential of your crypto’. But according to the

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Original Article By: https://www.monitor.co.ug/uganda/business/finance/blockchain-association-disowns-upcoming-kampala-summit-4087622

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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Big Changes Coming For How Cryptocurrencies Are Regulated In South Africa

Country News, South Africa / Leave a Comment

    The Financial Sector Conduct Authority (FSCA), which works in collaboration with the South African Reserve Bank (SARB), recently announced that it is establishing a new regulatory framework for cryptocurrencies in South Africa. Both the FSCA and the SARB have been vocal about declaring cryptocurrencies as financial products, and the Prudential Authority division at

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Original Article By: https://businesstech.co.za/news/finance/619791/big-changes-coming-for-how-cryptocurrencies-are-regulated-in-south-africa/

World’s Largest Crypto Exchange, Binance, Hires Finance Executive To Lead Operations In South Africa.

Exchange, South Africa / Leave a Comment

    Binance, the world’s leading crypto and blockchain infrastructure provider, has announced the appointment of Hannes Wessels as the Country Head of South Africa to drive its business operations in the region. Hannes brings with him over 10 years of experience in the finance sector and is the previous Head of Global Banking for South

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Original Article By: https://techfinancials.co.za/2022/08/15/worlds-largest-crypto-exchange-binance-hires-finance-executive-to-lead-operations-in-south-africa/

Binance Says It Is Winning Crypto Clients Thanks To Inflation

Adoption, Binance / Leave a Comment

  LIMA August 10 – Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies, an executive told Reuters on Wednesday, without disclosing numbers. “Now that we are seeing inflation ramping up worldwide, we are seeing that more

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Original Article By: https://www.reuters.com/technology/binance-says-it-is-winning-crypto-clients-thanks-inflation-2022-08-10/

Researchers Label Nigeria As The World’s Most ‘Crypto Obsessed’ Nation.

Country News, Nigeria / Leave a Comment

Nigeria is, according to a new research study, head-and-shoulders the most cryptocurrency curious country in the world.   The West African state is even out-shadowing current crypto hotspot United Arab Emirates as the place where its population is the most hungry for information about digital assets. The research, carried out by crypto price tracker CoinGecko, examined

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Original Article By: https://www.cityam.com/researchers-label-nigeria-as-the-worlds-most-crypto-obsessed-nation/

Africa’s first global blockchain bank hits 100k users

Blockchain / Leave a Comment

Billed as the first global blockchain bank out of Africa, Xend Finance has just clocked 100 000 users on its savings platform while further opening it to local currencies in Ghanaian Cedis and Kenyan Shillings.   Backed by Binance and Google Launchpad, Xend Finance users will now be able to seamlessly convert their cryptocurrency back

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Original Article By: https://ventureburn.com/2022/06/africas-first-global-blockchain-bank-hits-100k-users/

South African Cryptocurrency Exchange Raises $50M In Oversubscribed Series B

Country News, South Africa / Leave a Comment

  VALR.com, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round. This values the company at $240 million (R3.7 billion).   VALR’s oversubscribed Series B equity funding round was led by Pantera Capital with participation from Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global,

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Original Article By: https://ventureburn.com/2022/03/south-africa-cryptocurrency-exchange-50m-series-b/

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