Exclusive: Nigeria’s digital currency community speaks out on central bank ban
Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that has denied it basic banking services.
Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that has denied it basic banking services.
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
Africa’s digital currency exchanges have continued to register constantly high trading volume despite the COVID-19 pandemic, with some even increasing users
Africa’s cryptocurrency industry has continued to grow as more people wake up to the massive opportunity that Bitcoin offers.
The move affects the largest crypto exchanges in South Africa, with the banks citing regulatory ambiguity.
South African cryptocurrency exchange and wallet Luno has registered stellar growth, hitting 3 million wallets.
Luno is looking to expand while an expert is urging Zimbabwe to get on the crypto train.
A blockchain initiative has launched in Ghana to develop new talent, and Luno is upgrading its platform.
The price of Tether being a fraud stablecoin appears to have already been baked into the BTC price.