Tag Archives: africa

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

Botswana – a country in Africa – is becoming a regular bitcoin hotspot. Over the past several months, residents of the nation have regularly turned to the world’s number one digital asset for their daily financial needs, and many businesses are making it easier for them to do so by saying “yes” to crypto payments, though there are still several barriers to overcome. Botswana Is Becoming a Regular BTC Hub Botswana is located within the southern central region of the...

Bitcoin is once again proving itself to be a major commodity on the continent of Africa. One small business owner – Abolaji Odunjo – can offer a testament to the cryptocurrency’s power. As a mobile phone provider, he recently did the unthinkable… He began paying his phone suppliers in bitcoin.Africa Continues to Remain Attractive to BTC EnthusiastsAt first, this might seem like a very risky move for both parties involved. For one thing, bitcoin remains very volatile, which means there’s...

It looks like the bitcoin and crypto presence in Africa is growing like crazy.Africa and Bitcoin Are Becoming the Best of FriendsTo be fair, Africa has always loved its bitcoin, but as of late, the continent is proving to be a hotspot for bitcoin adoption, and there are more companies based on bitcoin and crypto activity that appear to be popping up all over the place.One such company is Yellow Card, a bitcoin-buying firm based in the country of Nigeria. Recently, the firm landed as much as...

An African cryptocurrency exchange known has SAFCOIN has opened its doors for business, and the trading platform allegedly offers zero-fee trading to its customers.SAFCOIN Is Ready for African TradersSAFCOIN is reportedly one of the first exchanges to offer such a benefit. In addition, it provides users with what it calls an “easy and accessible” interface that should make trading as easy as one, two, three. The exchange has early and first-time traders in mind and is trying to make things as...

Decred – which is described on its website as an “autonomous digital currency” – is suddenly gaining heavy momentum in Africa.Decred Seeks to Give Africa Its Power BackThe continent of Africa has become something of a major bitcoin and cryptocurrency haven over the past few years. Recently, Twitter and Square CEO Jack Dorsey stated that he would be living abroad in Africa from anywhere between three and six months in the year 2020 to potentially drive bitcoin adoption within the continent’s...

Bitcoin has had a very up and down year when it comes to its price, but for men like Jack Dorsey, the CEO of both Twitter and Square, the cryptocurrency is very much the future of finance.Dorsey: BTC Is Going PlacesDorsey has been promoting bitcoin since the beginning. Just last year he announced that he believed bitcoin would become a global currency. In other words, individual fiats would not exist. Everyone across the continents, whether they were in Asia, North America or Europe, would be...