Tags : Africa

Blockchain

Binance Ends Various Offerings to Clients in South Africa

Binance, the world’s largest cryptocurrency exchange, took another step in refining its product offerings in different markets around the world, this time in South Africa. Clients in the country are no longer able to open new accounts for futures, options, margins or leveraged tokens, Binance announced Friday. Users have 90 days to close existing positions, […]Read More

Bitcoin

Data: Bitcoin (BTC) adoption grows 1,200% in Africa

The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally.  BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors […]Read More

Regulation

Could civil war in Ethiopia affect Cardano’s Africa plans?

Cardano’s strategy in Africa could face a setback following the intensification of civil war in Ethiopia. There’s even wide speculation that Charles Hoskinson’s cryptic messages about birds landing refer to closing an Ethiopian government contract. But, if “birds landing” refers to Ethiopia, is now an inopportune moment to rollout? The Tigray Conflict Armed conflict between […]Read More