This week, Africa deals with hacking attacks and an increase in investment for South Africa
This week, Africa sees news with a new conversion system for fiat to stablecoin, and a new point of sale payment system for South Africa.
Africa continues to build on its crypto adoption, with one restaurant taking crypto as a payment method. Miners are hurting though from increased electricity prices.
Crypto wallet firm Centbee has launched a new and innovative method to acquire cryptos for South Africans. Users can buy Bitcoin SV from all the leading retail stores in South Africa.
There has been a call for crypto education across the African cryptocurrency markets. Some startups have taken the initiatives, and hopefully, the rest will follow soon.
Africa continues to show the potential of blockchain technology, with one country hoping it helps solve their corruption problems.
Cryptocurrency continues to make progress in Kenya, Uganda and South Africa, despite government reluctancy to support the new technology.
A lot has happened in the cryptocurrency space in Africa. The continent continues to progress from key players in the industry. Despite challenges, the crypto market in Africa has shown great prospects.
A recent survey conducted by Hootsuite and Wearesocial indicates that South Africa leads the world in cryptocurrency adoption.
Recent reports by Paxful show that Africa is quickly catching up on blockchain and cryptocurrency matters.
Africa is taking massive steps to ensure it becomes a blockchain and crypto hub in the coming future. Some countries are even thinking of making cryptocurrencies a legal tender.