Nigeria Ahead of South Africa In Bitcoin Adoption In Africa.
Nigeria had been ranked as the fastest leading country in Bitcoin adoption in Africa, followed by Togo, Cameroon, Cote d’Ivoire, Senegal, Kenya and South Africa, the Convener of Bitcoin Africa conference, Farida Nabourema, yesterday, said in the past five years,…
Nigeria Needs Clear Crypto Legal Framework To Stop Harassments Of Crypto Traders : Experts.
Industry and Legal experts who spoke at a two-day workshop organised by the Attorney General Alliance-Africa (AGA-Africa) in collaboration with Nigerian Bar Association (NBA) in Lagos have urged authorities to consider upgrading the country’s cryptocurrency regulatory guidelines. With the theme,…
Nigerians Own 75% Of Crypto In Africa: Research Shows.
Research report from Triple A’s latest crypto ownership data, the African continent now has an estimated 53 million cryptocurrency owners. This constitutes about 16.5% of the estimated global total of 320 million. Out of all the crypto holders in Africa, Nigeria…
Nigeria To Achieve 100% Crypto Adoption Rate By 2030.
Latest research data from Merchant Machine has predicted that by 2030, Nigeria will be at the forefront of global crypto adoption with a 100% adoption rate. The Merchant Machine study sampled data metrics from 50 countries in a bid to…
Crypto Startups In Africa Receive 11 Times More Funding From Venture Capitals In 2022
Funding for Crypto startup in Africa recorded 11 times growth as many African countries continue to adopt crypto and blockchain, more venture funding flowed into the continent in Q1 2022 than in Q1 2021, according to a new report by blockchain…
NFT Adoption In South Africa Tops Other Developing Countries: Research Shows.
South Africa has the twelfth-highest NFT adoption rate in the world, according to the latest survey results by data company Finder. These findings were based on a survey of 28,000 people in 20 countries. South Africans between the ages of 18 and…
Little Above Half Of South Africans Has Zero Awareness Of Cryptocurrency.
The latest findings of Merchant’s consumer survey study shows that little over half of South Africans (53%) have little to zero knowledge about cryptocurrency. The study also found that out of the surveyed South Africans, only 14% believed they had…
Nigeria Govt Endorses Blockchain Technology For ICT Ecosystem.
The Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, has assured key industry players and Nigerians of the Federal Government’s commitment to create and enforce regulations that will fast-track effective utilisation of Blockchain technology for the development of the…
Central African Republic Crypto Initiative Project Resumes Following Adoption.
In an announcement made earlier in the week on Twitter, Touadéra said the CAR government would be launching Sango, a crypto initiative proposed following the country’s adoption of Bitcoin (BTC) as legal tender in April. According to Sango’s website, the government intends to launch…
Central Africa Republic Crypto Hub Won’t Receive World Bank Support.
The World Bank has expressed its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency noting that it won’t back the newly announced “Sango” crypto hub. At the end of April, CAR president Faustin-Archange Touadéra…