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Quidax Becomes the First African Crypto Exchange to be Listed on CoinMarketCap
8.3.2022
PRESS RELEASE. Last week Africa founded cryptocurrency exchange, Quidax, announced that its crypto markets had been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem. With this announcement, Quidax...
Mama Bitcoin: Fishing for female empowerment with crypto in West Africa
8.3.2022
A Senegalese woman is empowering her community with Bitcoin, blockchain and a Bitcoin bakery idea that became a crypto fishery
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges
8.3.2022
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer...
Experts weigh in on new crypto regulations in South Africa
3.3.2022
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn
South African Mobile Network Operator MTN Buys Land in the Metaverse
2.3.2022
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...
South African exchange raises $50M in Africa’s largest funding round
1.3.2022
The South African crypto exchange plans to expand its operation across more African countries and even into India with the new cash injection from major crypto VCs
One man's plan to orange pill a nation: Bitcoin Senegal
28.2.2022
The Senegalese Bitcoin community is flourishing: there's a homemade Bitcoin exchange, Bitcoin seminars in the local language and a growing list of merchants accepting Bitcoin in 2022
Drilling at West Africa Abujar Gold Deposit Garners Over 503 Grams Per Tonne
28.2.2022
Ivory Coast or Côte d’Ivoire’s Tietto Minerals recently said it had drilled and extracted as much as 503.85 grams per tonne from 83 metres at its Abujar Gludehi deposit. The drilling result moves the miner another step towards production on what may become West Africa’s...
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Crypto Bank Avanti Steps Closer to Fed, 2021 Total Crypto M&A Value Up 4,846%, New Hampshire Crypto Commission, Sport Deals With Tezos and Terra + More News
10.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Bank Avanti Steps Closer to Fed, 2021 Total Crypto M&A Value Up 4,846%, New Hampshire Crypto Commission, Sport...
Blockchain-based internet company 3air abandons Cardano for SKALE network
8.2.2022
A dearth of Haskell developers on Cardano prompted 3air to switch over to a more Ethereum-friendly environment
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
4.2.2022
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
3.2.2022
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory...
South Africa: FCSA Warns Traders About FTX and ByBit Exchange
3.2.2022
Governments and financial institutions are formulating regulatory frameworks to regulate the crypto industry. The trend was witnessed most recently in South Africa, where financial regulators warned crypto traders about using the FTX crypto exchange. As one of the most well-known crypto exchanges...
Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries
2.2.2022
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries. Fintech Plans to Enter 12 More Countries by Year’s End The Tanzanian fintech behind an app that enables payments...
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement
31.1.2022
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted...
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation
29.1.2022
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign...
Crypto firms ignore Africa at their peril as continent set for major adoption
25.1.2022
Experts believe that Africa is primed to lead the next wave of global crypto adoption
‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate
24.1.2022
Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain...
New Payment System Seeking to Bolster Intra-African Trade Goes Live
22.1.2022
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system...