Lagos Announces Plans To Set Up Crypto Hub, And Give Boost To Crypto Transactions.
Lagos Nigeria plans to set become the crypto hub of Africa, describing itself as the next crypto capital, as the state Governor, Babajide Sanwo-Olu announced bold proposals for crypto adoption in Lagos. “Lagos state has become an enviable state for…
Nigeria, Kenya Drops Out Of Top Ten In 2022 Global Crypto Adoption Index.
The latest Chainalysis global crypto adoption index report shows that Nigeria and Kenya has dropped from top ten countries according, now ranking #11 in the world and 19 respectively. Recall that in 2021, Nigeria and Kenya ranked 6th and 5th in global…
South Africa Rugby Star, Siya Kolisi Is The Face Of A New Crypto Ad.
South Africa National rugby captain Siya Kolisi will lead a two-year educational cryptocurrency advertising campaign in South Africa. The Springbok skipper has partnered with global cryptocurrency exchange Luno in the campaign’s rollout, which will feature a series of television adverts…
South Africa Reserve Bank (SARB) Ask Banks To Maintain Links With Crypto.
The Prudential Authority of the South Africa apex regulatory bank, the Reserve Bank of South Africa sent out guidelines to its subsidiaries in an effort to prevent illicit activities, encouraging banks not to cut all ties with cryptocurrency. It suggested that such…
Africa The “Crypto Continent” Records 1200% Growth In Cryptocurrency Ecosystem.
From June 2020 and June 2021, US$105.6 billion was sent to Africa in cryptocurrency payments, according to Chainalysis, this was a 1200% growth rate compared to the previous year. What makes it notable was that this was arguably the period…
Cryptocurrencies Can Create New Job Parts For Young People ; Kenyan Activist
Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales says crypto ecosystem is not only faster but less costly as well. He added that digital currency also has the “potential to create new ways for young people to…
Central African Republic (CAR) Launches Sale Of Sango Coin Crypto Token, 42 Million Up For Grab.
The Central African Republic ( CAR) announced the launch of Sango Crypto token, calling on investors to buy tokens worth at least $500, in return for buying and locking in the Sango coins, investors will gain citizenship and a piece…
Nigeria Central Bank To Focus On Crypto, Fintech… In New Monetary Policy.
The Governor, Central Bank of Nigeria, CBN, Godwin Emefiele, has said that the Monetary Policy Committee will chart a new course for an improved monetary policy and CBN that will provide direction for monetary policy in Nigeria. The governor said…
Celebrities In Africa Accelerates Crypto Adoption In Africa.
African crypto projects are on a journey to the moon. With crypto, African people’s savings are hedged against insane inflation levels, they can find employment in Web3, and there is always the potential to make life-changing money that will transform…
Bitcoin Made Millionaires Drops By 20% According To Research Report.
Data acquired by Finbold indicates that as of May 28, 202, the number of addresses with a BTC balance of more than $1m has dropped by 20%, as a direct result of the downward pressure that has been witnessed in…