Within the next 24 months, the flagship cryptocurrency, Bitcoin will reach a new all-time high. Meltem Demirors, the Chief Strategy Officer at CoinShares, made this prediction while speaking on CNBC’s Squawk Box. …
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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 …
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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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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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NFT: Top Platforms to Purchase and Sell NFTs in Nigeria
Non-fungible tokens (NFTs) have become popular in the world of Cryptocurrencies and digital assets, with a market reaching over $40 billion valuations in 2021, and its holdings still strong in …
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Bank of Uganda has not banned cryptocurrencies but has concerns about the risk from the technology, uganda’s central bank is currently doing preliminary studies on whether or not a central …
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The Central African Republic has become the second country in the world to adopt bitcoin as official currency, after El Salvador took the same step last year. Lawmakers in the CAR’s parliament voted …