The African cryptocurrency market continues to evolve as more people adopt cryptocurrencies, new companies are started, and regulators make new pronouncements. Despite the evolution, more has stayed the same regarding the spread of adoption geographically. In this article, we explore the top cryptocurrency markets in Africa in 2023. Since cryptocurrency adoption on the continent became…
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The third CV VC African Blockchain Report in partnership with Absa Group affirms the growing impact of blockchain technology on Africa’s resilience during global macroeconomic and sociopolitical shifts. According to the IMF World Economic Outlook, nine of the top twenty fastest-growing economies in 2024 are African nations. This report underscores blockchain’s contribution to driving African economies forward. The technology’s…
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South Africa is making progress in addressing the factors that contributed to the country being placed on the Financial Action Task Force (FATF) greylist in 2023. Crypto industry leaders are playing their part in efforts to have the country removed from the list. This is according to Luno, a licensed financial service provider and South…
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Tether Operations Limited, the largest company in the digital asset industry, and Bitnob, a financial technology company that enables payments into mobile money wallets and bank accounts, are announcing a strategic collaboration aimed at promoting financial education on Bitcoin and Stablecoins in Africa. The collaboration will feature a series of educational events hosted by Bitnob…
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Cryptocurrencies currently form a small portion of total investment capital in South Africa managed by fund managers, wealth managers and financial advisors. However, the recent approval by the Financial Sector Conduct Authority (FSCA) of several financial service provider licences could change this. This is one of the key issues explored in a new report by…
Read Article → South Africa’s largest and oldest crypto asset service provider, Luno, has secured a licence from the Financial Services Conduct Authority (FSCA) to operate as a financial services provider. Luno is the first dedicated crypto asset service provider in South Africa to be awarded its financial services provider licence following the FSCA’s declaration of crypto assets…
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Beyond all the hype, blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent. Some critics dismiss blockchain technology or reduce its application to only cryptocurrencies. However, the application of blockchain tech has evolved over the years with more attempts to create real-world impacts. In this article,…
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It’s almost 2024, and everyone is making projections into the new year. 2023 continued Africa’s study growth in the Web3 industry with more adoption and innovation. The list of African-owned or based Web3 projects continues to increase as various innovators find ways to use blockchain technology to fix some of the biggest issues on the…
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By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…
Read Article → By TradingView The creators of the Africa Tech Summit are getting ready to organize the most eagerly awaited event of the year in the African financial sector: the Africa Money & DeFi Summit West Africa 2023. And to ensure the success of this event, the Africa Money & DeFi Summit has partnered with key players…
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