Powel, Author at Cryptotimes Africa

Bitzlato suspends Bitcoin withdrawals

by Powel December 27, 2023

Bitzlato has suspended the withdrawal of Bitcoins (BTC) from the platform indefinitely amid legal problems in France. On Dec. 27, the crypto exchange platform Bitzlato announced the suspension of special balance withdrawals and technical customer support. The administration called it a “temporary measure” to…

Bitcoin News

Binance reintroduces USDC trading pairs after one-year break

by Powel December 27, 2023

Crypto exchange Binance is returning trading pairs with USDC just a year after removing it to concentrate stablecoin liquidity. Cryptocurrency exchange Binance announced in a press release on Dec. 27 that it is reintroducing a few trading pairs with Circle‘s USDC stablecoin. According to the…

Bitcoin News

HUMAN RIGHTS FOUNDATION GRANTS $500,000 TO 18 BITCOIN PROJECTS WORLDWIDE

by Powel December 21, 2023

The Human Rights Foundation (HRF) has announced its most recent round of Bitcoin Development Fund grants, per a press release sent to Bitcoin Magazine. The money is being granted to 18 projects focusing on global education, Bitcoin Core development, mining decentralization, and allowing developers in…

Coins News

Ghana’s Securities Regulator Creates Taskforce to Build Capacity for Crypto Asset Oversight

by Powel December 20, 2023

The Ghanaian securities regulator has established a task force which is expected to help it boost its capacity to regulate crypto assets. Ghanaian residents have continued to trade and invest in cryptocurrencies and this has forced the regulator to think of ways…

Coins Industry

Binance Launches Exciting Christmas Campaign and Earning Opportunity

by Powel December 20, 2023

Binance, the world-renowned cryptocurrency exchange, is bringing festive cheer to its users with two significant campaigns. As reported from an official Binance announcement, the platform has launched a special Christmas campaign that allows participants to share a substantial $40,000 prize pool and…

Bitcoin

Brazil displaces Nigeria on interest in Bitcoin, as Nigerian populace shifts to USDT

by Powel December 19, 2023

Brazil displaces Africa’s largest economy on interest in Bitcoin. the current top spot is El Salvador, while Brazil takes the second spot and Nigeria is in the third place based on data from Google Trends. Interest in Bitcoin is growing in Latin…

Coins

Coinbase, others raise $78m for pro-crypto super PAC

by Powel December 19, 2023

On Dec. 18, Fairshake, a federally registered super PAC, and its affiliated network launched their initial fundraising campaign. According to the release, the PAC is dedicated to promoting leaders who embrace the transformative potential of the American crypto community. Fairshake has garnered support…

Coins News

REGULATION | Seychelles Warns Public Against the Following 53 Crypto Assets Service Providers Claiming Affiliation with the Country

by Powel December 18, 2023

Due to its relaxed know-your-customer procedures, the African country has been a global haven for crypto businesses running away from strict regulations. According to a 2020 report, 72% of African-domiciled crypto assets exchanges and services are registered in the Seychelles and 70%…

Coins News

LIST | Circle Highlights 7 African Fintechs Leveraging the USDC Stablecoin to Provide Better Financial Services to African Users

by Powel December 18, 2023

According to Circle, below is a list of African fintechs spearheading the usage of $USDC across the African continent. USD Coin ($USDC) is a stablecoin pegged to the value of the United States Dollar providing a secure and transparent digital representation…

Coins News

Coinbase International Exchange introducing Spot Crypto Trading

by Powel December 15, 2023

Coinbase International is launching spot crypto trading for non-U.S. customers. “The launch and expansion of spot trading on Coinbase International Exchange will occur over several phases,” Coinbase detailed. “Our primary focus at the outset will be to build liquidity and create a…