South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption

Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally…

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Digital Remittances Reach Record of $96 Billion YoY, High Fees Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users.…

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South African Payment Gateway Drops BTC Over Fees and Network Congestion

On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to…

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Cryptocurrency ATM Growth Spikes Exponentially to 4,000 Machines Worldwide

According to global statistics provided by Coinatmradar.com, there are now close to 4,000 cryptocurrency automated teller machines (ATMs). Moreover, there’s…

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Zambian Central Bank Declares Bitcoin Is Not Legal Tender

The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning…

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Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday.…

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Wave of Mobile Tax Hikes Squeeze Africa’s Poor to Indulge Governments

A smart robber fleeces you with a pen and a handshake. From Zimbabwe to Kenya, Uganda to Benin, African governments…

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