The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s …
Cryptocurrency
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AfricaBusinessCryptocurrencyTechnologyWestern Africa
Zhao visits West Africa, donates funds for community education workshops
The Founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, Changpeng Zhao, recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across …
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Bitcoin dropped below $20 000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. …
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Bitcoin traded below $25,000, a price point, not seen since December 2020 as the market selloff seen throughout the year continues; Over 180,000 crypto traders lost approximately $520 million. Many …
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BusinessCryptocurrencySouthern AfricaSpotlight
Cassper Nyovest becomes global ambassador at Bitcasino
Casspar Nyovest, one of the biggest names in African hip hop is now a member of the latest superstar ambassador at the world’s favourite crypto casino, Bitcasino. The south african …
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The Nigerian bourse, Nigeria Exchange Limited, will in 2023 begin the use of blockchain technology for settling trade across its platform in a bid draw young investors, CEO Temi Popoola said, …
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Bloomberg Terminal Adds 40 coins- expands Crypto Coverage
Bloomberg, a financial and technical information platform expanded its coverage of the cryptocurrency markets following a decision to include data on the top 50 crypto assets to the Bloomberg Terminal. …
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AfricaCryptocurrencyInformation TechnologyNewsNigeriaWestern Africa
Nigerians Trade N78bn Bitcoin Amidst Restrictions by CBN
Nigerians traded at least N77.75bn ($185m) worth of Bitcoin in the first three months of the year despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the country. …
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BusinessCryptocurrencyWestern Africa
Forex theft; Trader sentenced to 2 years in prison for stealing N20 million cryptocurrency
A forex trader has been sentenced for two years in prison by Ikeja Special Offences Court for stealing N20 million cryptocurrency. On Tuesday, Justice Oluwatoyin Taiwo sentenced the convict named …
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On Monday, Cryptocurrency bulls took over the market with Bitcoin leading the charge, fighting its way through the $30,000 resistance level it was trading below on Sunday and now heading …