Search Results for: Bitcoin

Nigeria is now the No.2 bitcoin market on this fast-growing global marketplace

During the police brutality protests in Nigeria in October, bitcoin saved the day when the government shut out protesters from using local payment platforms for collecting donations to support it. The young, tech-savvy protesters quickly switched to using bitcoin, and in about a week bitcoin accounted for around 40% of the nearly $400,000 raised. It was just one high-profile example of …

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Morocco currency regulator bans bitcoin for transactions

emCash

The currency regulator for Morocco has announced a ban on transactions in bitcoin and other virtual currencies, the AFP reports. “Transactions via virtual currencies constitute a breach of regulations, punishable by penalties and fines,” the Offices des Changes said in a statement on its website. The announcement came a week after Moroccan digital services company MTDS said it would accept …

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Black-Owned Bitcoin Startup BitMari Makes History And Expands Territory To Zimbabwe

BitMari

As Digital Currency Values Skyrocket BitMari Becomes 1st to Partner with African Bank. WASHINGTON, DC June 7, 2017 — BitMari, the world’s leading Pan-African Bitcoin wallet provider, has partnered with Agricultural Bank of Zimbabwe to integrate Bitcoin and blockchain technology into their consumer offerings. This marks the first time an African commercial bank has agreed to work with a Bitcoin company. …

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Bitcoin And Other Virtual Currency Security Risk In Ghana

The usage of Bitcoin and kitiwa among other virtual currencies and markets pose severe risks to Ghana’s security says the country’s Financial Intelligence Centre. The assessment is based on available international records that show insurgencies have been funded from Ghana. Saddled with combating money laundering and terrorist financing, the centre is now working to make Ghana the first country in West Africa to publish its national risk …

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From Afghanistan to Ukraine, crypto adoption is now going global

emCash

Last week, El Salvador officially became the first country in the world to make bitcoin legal tender — but it’s not the only nation moving quickly on crypto adoption. In the past month, Ukraine has legalized cryptocurrency, Panama introduced a bill that would allow crypto to be accepted for payment, and Afghanistan has seen crypto adoption skyrocket. Each country has different reasons for embracing …

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Nigeria ranked the country with the highest cryptocurrency adoption in the world

emCash

In a recent survey that evaluated dozens of countries according to crypto usage, Nigeria ranks 1st as the country with the highest crypto adoption in the world. The survey finds that one-in-three Nigerians have used or owned crypto at some point. The survey also showed that around 300 million people globally in 2021 have owned or used crypto at some point in their lives. …

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When it comes to finance and trade Winvestnet CEO Reda Rami sees Africa

In 1998, Reda Rami created and launched what was to be his first career success, The International Investment And Finance Forum (TIIFF) in Casablanca, Morocco. TIIFF was an initiative that brought together financial experts and industry specialists to hold conversations around the major issues in global economics and finance, stock market crashes, investment banking opportunities, and suggest strategies for a …

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Nigeria Bans cryptocurrency trade

Nigeria’s central bank ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are “prohibited.” Failure to comply with the directive will result in “severe regulatory sanctions,” according to a circular sent to financial institutions on Friday and published on the central bank’s website. The country’s Securities and Exchange Commission …

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Nigerian numismatist Adetunji Omotola and his love for Africa’s currencies

Adetunji Omotola

So TheAfricanDream.net out of curiosity recently got curious about our favorite numismatist Adetunji Omotola and his interest in Africa’s over 53 currencies, especially when the Nigerian made us aware that as of January 1, 2013, the Zambian Kwacha (ZMW) was the strongest currency on the continent. In our quest to find out more about Africa’s currencies from our amateur numismatist …

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Top Global Blockchain Experts Head To South Africa

Blockchain

For some, blockchain is a word they hear thrown around from time to time, but they don’t have a clue what it all means. For others, blockchain represents an incredible chance to shake things up, thanks to the opportunities offered by digital currencies and blockchain technology. If you fall into that latter category, you should already have heard about the annual …

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