The efforts to expand Bitcoin development and adoption in Africa and Central America continue. So the market is looking pretty comfortable with BTC after the failures of Silicon Valley Bank …
Cryptocurrency
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AfricaAFRICA NEWSCryptocurrency
Binance, Showmax partner to deepen crypto adoption in Africa
by Editorby EditorBinance, a leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced its collaboration with Showmax, Africa’s video streaming service to further promote crypto adoption in the continent. They are offering …
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Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative …
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AfricaAFRICA NEWSCryptocurrency
Crypto Market Continues to Rise Despite US Bank Crash
by Editorby EditorBitcoin Breaks $24,000 MarkThey say nothing is impossible in the crypto market and according to Bitcoin’s (BTC) latest price action, that saying might not be false as the top crypto …
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AfricaAFRICA NEWSCryptocurrency
Signature Bank closed by New York regulators, citing ‘systemic risk’
by Editorby EditorNew York-based Signature Bank, another crypto-friendly bank, has officially closed down and is being taken over by the New York Department of Financial Services (NYDFS). The news was announced by …
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AfricaAFRICA NEWSCryptocurrency
Nobody left to bank crypto companies’ — Crypto Twitter reacts
by Editorby EditorCrypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto …
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Cryptocurrency
SEC to target crypto firms operating as ‘qualified custodians’ — Report
by Editorby EditorThe United States Securities and Exchange Commission (SEC) is reportedly planning to propose new rule changes this week that could impact what services crypto firms can offer their clients. According …
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Cryptocurrency
Binance processes $1B withdrawals amid regulatory scrutiny on BUSD
by Editorby EditorBinance users are withdrawing their crypto assets following the recent regulatory scrutiny of one of the exchange’s products. In the last 24 hours, the exchange saw outflows of $621 million, …
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AfricaAFRICA NEWSCryptocurrency
Nigerian Crypto Users and Enthusiasts Dismiss 100% BTC Premium Claims
by Editorby EditorNigerian blockchain and crypto enthusiasts have said recent reports suggesting that local residents are paying a premium of almost 100% on top of the prevailing price of bitcoin “are totally …
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AfricaAFRICA NEWSCryptocurrency
Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa
by Editorby EditorSouth African grocery retailer Pick n Pay is now accepting BitcoinBTC in all of its 1,628 stores following a three-month pilot testing phase in 39 locations. As part of its …