South Africa recently declared bitcoin and other cryptocurrencies to be financial products. Here’s what we know
On Wednesday, South Africa declared crypto assets to be a financial product to make it...
Cryptocurrency
Latest court ruling might just be the end to Central African Republic’s crypto ambitions
The court ruled that the government’s plan to sell citizenship to foreigners via crypto purchase...
CBN to reward Nigerians for using eNaira
The Central Bank of Nigeria (CBN) has approved a reward scheme for users of the...
South Africa and Nigeria have the largest market for cryptocurrencies in Africa in 2022
South Africa ranks first in Africa due to the country’s “more advanced financial infrastructure and...
Elon Musk, Tesla lose $65.4m after betting on bitcoin, sell off over 29,000 BTC
Elon Musk has sold Tesla’s bitcoin holdings amid slump in the cryptocurrency market. The sell...
Cryptoqueen joins most wanted fugitives list, after duping investors of $4bn
The United States Department of Justice has issued a $100,000 reward in a bid to...
eNaira fails to entice merchants, banks
eNaira, Africa’s foremost central bank digital currency (CBDC), is not getting the love it should...
Are NFTs the new way to collect art?
The digital world is vastly expanding, and so is the crypto world. With the mega...
The crackdown on crypto has crippled foreign direct investments in Nigeria’s fintech sector
Technology is changing our everyday lives at a faster rate. In developed markets, fintech, blockchain,...
Bank of Uganda says cryptocurrency has no place in domestic market
The Bank of Uganda (BoU) has issued a prohibition on the use of crypto in...