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Tag Archives: Africa

OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

Current financial, social, and economic conditions in Africa have contributed to the surging popularity of cryptocurrencies on the continent. For the over-the-counter (OTC) crypto trading platform Paxful, African customers account for almost $7.5 million in transactions per month. Interestingly, half of these crypto enthusiasts are under 30-years-old and either have a college degree or are studying towards post-secondary qualifications. Peer-to-Peer ...

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Why Africa Is Fertile Ground for Bitcoin Adoption

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Despite fears and skepticism over usage of virtual currencies for crime, tax evasion and money laundering, more African countries and individual investors are increasingly embracing cryptocurrencies to escape challenges to do with fiat money and to mop up extra value from informal markets that ...

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Dash Expands into Togo and Benin in Africa

Dash Hub Africa recently announced their expansion into Togo and Benin in Africa. $Dash Hub Africa s’étend au Togo, au Bénin. nous voulons que Dash devienne monnaie courante en Afrique, a déclaré le fondateur à Radio lome dans une interview @Dashpay @DashForceNews @DashFrance @DashDinheiro @Dash_Venezuela @fernando #blockchain #cryptocoinnews #Cryptocurrency pic.twitter.com/r6a9vnY8WH — Dash-hub Africa (@DashhubAfrica) June 9, 2018 A rough translation ...

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A Startup Uses Bitcoin to Reduce Friction of Doing Business in Africa

Bitcoin can make a positive impact on the financial industry. This is especially true when it comes to regions where financial hardship has become the new normal. Companies such as BitPesa try to disrupt the negative financial cycle in Africa by introducing Bitcoin-based solutions. Africa Needs Cryptocurrency Fighting financial hardship in Africa is no easy feat. Money is difficult to ...

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Sygnia Plans to Launch a Cryptocurrency Exchange in South Africa – The Merkle

South Africa is quickly positioning itself as a go-to hub for cryptocurrency trading. To do so properly, new infrastructure will need to be launched. Sygnia, a well-known asset management company, is apparently looking to enter the cryptocurrency trading ecosystem. Its new venture is scheduled to launch in Q3 of this year. SygniaCoin is Worth Keeping an eye on Consumers all over ...

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Sygnia Plans to Open Cryptocurrency Exchange Later This Year in South Africa

Cape Town-based asset management firm Sygnia Ltd. has plans to open a cryptocurrency exchange in Q3 in response to growing interest in cryptocurrencies from investors across the country. SygniaCoin & Sygnia Cryptocurrency Fund The exchange will be called SygniaCoin, and will ‘offer investors a secure trading and execution platform backed by an international infrastructure, well-designed custody, and integration with standard ...

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Will Africa Lead the FinTech Revolution?

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Digital revolution is underway, bringing new capabilities, and perhaps surprisingly, the people that have the most to gain are those who are currently unbanked. Blockchain technology is offering a radical departure from the ...

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Paxful Expands Investment in Africa with Launch of Nigerian Blockchain …

Peer-to-peer marketplace Paxful has announced plans to construct a blockchain technology incubation hub in Lagos, Nigeria. The project — set to be launched this coming fall — will provide a coworking space for company staffers and offer services like networking for ICO advisors, corporate and individual blockchain training, and mentorship for Nigerian blockchain developers. In recent years, Bitcoin’s popularity in ...

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