crypto Archives - Page 7 of 40 - Cryptotimes Africa

Report Reveals Cryptocurrency Legalized In 119 Countries

by 'Femi Michael December 9, 2023

A recent report by CoinGecko sheds light on the global status of cryptocurrency, highlighting the legalization, regulation, and adoption trends across different countries. The report reveals intriguing insights into the widespread acceptance of digital assets, the regulatory landscape, and the countries that have embraced…

News

South African Regulator to Require Local Presence for International Crypto Companies

by 'Femi Michael December 9, 2023

According to FCSA, about 10% of Crypto Assets Financial Service Providers operating in South Africa have their head offices in foreign countries. FCSA says a physical presence will ensure appropriate oversight and accountability. Crypto companies with foreign headquarters may soon be required…

Industry News

Introducing BitKey, a Self-Custodial Bitcoin Wallet

by 'Femi Michael December 9, 2023

BitKey stands out for its 2-of-3 multi-signature design, eliminating the necessity for lengthy and cumbersome passwords or seed phrases. This innovative system utilizes three keys to secure Bitcoin, mandating the use of any two keys to authorize transactions or execute security-related actions.…

Article News

Bitcoin rally shines, investors at risk

by 'Femi Michael December 9, 2023

A much-anticipated US approval of wider bitcoin trading has helped the world's biggest cryptocurrency reach 20-month heights, risking however pain for new investors unaccustomed to its volatility. Bitcoin this week reached above $44,000 for the first time since April last year, yet still remains…

Coins

Crypto Firms Break New Record

by 'Femi Michael December 7, 2023

US crypto firms are reportedly breaking records in terms of how much they’ve spent on lobbying in 2023. According to a new report by Reuters, the US crypto industry spent a combined $18.96 million on lobbying in the first three quarters of 2023, $2.86…

Coins

Licences: South Africa weighs 36 VASPs

by 'Femi Michael December 7, 2023

South Africa is weighing issuing licenses to 36 virtual asset service providers (VASPs) later this month, the country’s financial watchdog has revealed. Earlier this year, the Financial Services Conduct Authority (FSCA) revealed that it would require all VASPs in the country to obtain a…

Coins

Kenyan Parliamentary Committee Passes Crypto Tax Bill

by 'Femi Michael December 7, 2023

After being approved by the National Assembly Committee, Kenya’s Capital Markets (Amendment) Bill will be presented to the lower chamber of the parliament. National Assembly Committee's Endorsement The National Assembly’s Finance and National Planning Committee in Kenya has given its nod to…

Bitcoin Coins

Bitcoin’s Rally Burns $6B for Short Sellers

by 'Femi Michael December 7, 2023

Coinbase jump accounts for more than half of losses in 2023 Rising prices may squeeze shorts and lead to covering: S3 Bitcoin’s blistering rally in 2023 has made betting against cryptocurrency company stocks a losing bet for short sellers. Traders betting on…

Coins

Strong Breakout in GRT Crypto

by 'Femi Michael December 5, 2023

The GRT crypto has been trading with flat volumes in the last 24 hours. The Graph has witnessed higher short liquidation as compared to the longs. The Graph is a protocol that indexes and queries blockchain data using GraphQL. It powers many…

Coins Industry

Diversifying The Crypto Portfolio

by 'Femi Michael December 5, 2023

The gaming industry’s revenue soared past $180.3 Billion in 2021, driven by innovative concepts like play-to-earn. Play-to-earn games offer players the chance to earn cryptocurrencies and NFTs, creating opportunities in challenging economic circumstances. This article delves into the MetaCryp Network (MTCR) and…