Why Africa Continues to Lag Behind in Cryptocurrency Adoption

Africa continues to dominate Google Trends search interest for “bitcoin,” but that has not translated into widespread adoption of cryptocurrency by users and businesses. Apart from opaque regulation and a lack of awareness, one of the major reasons for this failure has been the expansive use of mobile money on the continent. Also read: Report: […]
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Why Africa Continues to Lag Behind in Cryptocurrency Adoption

Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators

Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. After those warnings, the region’s Capital Markets Authority (CMA) cautioned the public again after investigating a project called […]
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Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators

Un triste début d’année pour le Congo

À peine la page du calendrier tournée que nous constatons plus de troubles sur Internet. Aujourd’hui, Cloudflare peut confirmer, chiffres à l’appui, qu’Internet a été coupé en République Démocratique du Congo, information précédemment révélée par de multiples organes de presse….

Un triste début d’année pour le Congo

Sad start to the new year in the Democratic Republic of the Congo

The calendar has barely flipped to 2019 and already we’re seeing Internet disruptions. Today, Cloudflare can quantitatively confirm that Internet access has been shut down in the Democratic Republic of the Congo, information already reported by many press organisations….

Sad start to the new year in the Democratic Republic of the Congo

Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal.  Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The […]
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Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet

Kubitx, a pan-African digital asset exchange, went live on Dec. 20 after completing its beta test. The Malta-registered trading platform has also released what it calls a “hybrid over-the-counter (OTC) wallet” allowing users to buy and sell cryptocurrencies including BTC and BCH as well as to pay bills. Also read: U.K. Investors to Pay Capital Gains […]
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Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet

Text-Enabled BCH Payments Now Available in 35 Countries With Cointext

Cointext has announced that its bitcoin cash wallet service has just launched in the Ukraine and Italy. Cointext is now connected to 35 countries worldwide and the wallet works on any smartphone as well as basic feature phones. Also read: Simple Ledger Developers Publish Monthly Puzzle With Bitcoin Cash Treasure Cointext Connects to the Ukraine and […]
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Text-Enabled BCH Payments Now Available in 35 Countries With Cointext

Paxful Completes Second School in Rwanda #BuiltWithBitcoin

Paxful, one of the largest peer-to-peer (P2P) bitcoin marketplaces in the world, is once again demonstrating how the cryptocurrency community can contribute to good causes around the world. The company has announced that the second school it has helped to finance in Rwanda has now been completed. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies […]
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Paxful Completes Second School in Rwanda #BuiltWithBitcoin

African Cryptocurrency Exchanges Forced to Step up Security

Cryptocurrency exchanges in some of Africa’s biggest bitcoin markets have been forced to rethink their security to thwart persistent attacks from hackers, a trend that has troubled trading platforms all around the world. Also read: Cointext Launches Bitcoin Cash SMS Wallet in Argentina and Turkey The Worst Yet to Come for African Exchanges Exchanges in the […]
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African Cryptocurrency Exchanges Forced to Step up Security

Wave of Mobile Tax Hikes Squeeze Africa’s Poor to Indulge Governments

A smart robber fleeces you with a pen and a handshake. From Zimbabwe to Kenya, Uganda to Benin, African governments are on a tax-raising spree, looking for easy money, ostensibly to help fund successive revenue shortfalls and budget deficits. Often, the money ends up being misappropriated by corrupt public officials. The best weapon in government […]
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Wave of Mobile Tax Hikes Squeeze Africa’s Poor to Indulge Governments