Facebook has made headlines of late with its plans to create a cryptocurrency.
The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy and potential illegal usage, while the G-7 has warned it poses “serious”…
Regulators have made positive strides in bringing crypto-assets within the regulatory perimeter, says the South African Reserve Bank (SARB).
This comes as the central bank continues its investigation and stress testing of distributed ledger technology (DLT) in financial markets. DLT is a…
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in…
Even while only 2% of all cryptocurrencies' value is spent on the African continent, their explosive growth will change how money is spent in a sub-Saharan Africa that is becoming more urban and digital. In fact, according to a recent research by…
The younger generation in Nigeria is particularly enamored with cryptocurrency. That is old news already. There is no doubting that the emerging blockchain technology in Nigeria is viewed as a liberating tool for financial freedom.
However, it is challenging to accept some…
KUALA LUMPUR - Last Ramadan, Adam Mashrique had few alternatives when he set out to make a portion of his zakat donation in bitcoin for the first time.The Kuala Lumpur-based blockchain engineer observed that more organizations were opening cryptocurrency accounts, but that…
A 21-year-old Frenchman, Thomas Clausi, was convicted Thursday in Morocco of "fraud" and illegal use of cryptocurrency and sentenced to 18 months in prison.
He was also slapped with a fine of about 3.4 million euros.
Clausi, who has been behind bars…
Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” stated the Securities and Exchange Commission (SEC) on Friday. The statement added that the company was not registered or regulated, rendering its operations in the country,…
Listing the best African cryptocurrency projects has not been so difficult, though. The startups that we listed have shown potential in the first months of existence to diversify the use of blockchain and a high number of users in a short time.…
Sports betting has seen a sharp increase in popularity in recent years, and with the emergence of cryptocurrencies and blockchain technology, crypto sports betting is seeing significant growth. It has completely changed how fans interact with their favorite games and how they…