Commodity tokenization is the economic aid Africa needs
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid. Go to Source
Botswana
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Namibia signs crypto exchange regulation bill into law
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance. Go to Source Powered by WPeMatico
Pan-African crypto exchange Yellow Card wins virtual asset license
Yellow Card CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country. Go to Source Powered by WPeMatico
Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables Africans at home and abroad … Read more
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, … Read more
Documentary Review – Banking on Africa: The Bitcoin Revolution
A new crypto documentary promises to tell the story of how cryptocurrency can affect social change across the African continent. Go to Source Powered by WPeMatico
The Struggle to Buy Bitcoin in Crypto-Starved Botswana
The rise of Bitcoin has coincided with improvements in technology allowing anyone to trade online. Meanwhile, in landlocked Botswana, geographical constraints have done little to prevent BTC from being traded locally, even in the absence of an established locally-operated cryptocurrency exchange. News.Bitcoin.com spoke to a number of bitcoiners in the southern African nation to determine … Read more
Startup Company Sets up Bitcoin ATM in Botswana
Express Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned … Read more
Expanding Our Global Bitcoin Coverage – Gogo Our New Reporter in Zimbabwe
Veteran business journalist Jeffrey Gogo has joined the news desk at Bitcoin.com. Regular readers count on news.Bitcoin.com to bring them coverage from all over the world, and that world now extends to Africa – Zimbabwe to be exact. Zimbabwe as an emerging crypto market is a critical part of the continent to have on-the-ground coverage. … Read more
Africa and its Antiquated Banking: Cryptocurrencies The Solution?
Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning … Read more
