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Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there … Read more
Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from. Go to Source Powered by WPeMatico
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection. Go to Source Powered by WPeMatico
Afroblocks co-founder urges Ghana’s central bank to involve the in-house crypto experience and expertise to help e-cedi succeed. Go to Source Powered by WPeMatico
Digital currencies are primed to reinvent trade between African countries. Go to Source Powered by WPeMatico
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises After Data Shows Central Bank Gold … Read more
Ghana is striving to become the first African nation to float a central bank digital currency. Go to Source Powered by WPeMatico
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission hence Ghanaians should stay away from them.” Risks Associated With Crypto In remarks made … Read more
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort … Read more
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total volume, with payouts making up $17.89 … Read more
