Africa – Page 39 – Miami Crypto Coin

Regulation Key to African Fintech Sector Growth — New Study

Post author:MiamiCrypto
Post published:October 8, 2021
Post category:Africa Africa fintech financial service financial service providers Fintech fintech ecosystem fintech end user fintech hub fintech regulation Regulation

According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as…

Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview

Post author:MiamiCrypto
Post published:September 16, 2021
Post category:Africa Africa P2P volumes chainalysis crypto adoption index Crypto regulation Cryptocurrency Emerging Markets Nigeria Crypto Adoption remittances transaction volumes

While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots…

Africa’s crypto market has grown by more than 1,200% since 2020: Chainalysis

Post author:MiamiCrypto
Post published:September 15, 2021
Post category:Adoption Africa Business Chainalysis Cryptocurrencies

P2P platforms, the need for remittances to circumvent restrictions from banks, and putting savings into crypto as a means of avoiding inflation could have contributed to the growing market in…

Project Giant: Nigeria’s CBDC set for pilot rollout on Independence Day

Post author:MiamiCrypto
Post published:September 7, 2021
Post category:Adoption Africa CBDC Cryptocurrencies Government Nigeria

Nigeria’s central bank digital currency will go into pilot testing on Oct. 1 with a tiered AML/KYC regime for the eNaira.

Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments

Post author:MiamiCrypto
Post published:September 3, 2021
Post category:Africa Asia Pacific Australia Bank for International Settlements Bank of France BIS BIS Innovation Hub China cross border Experiment Hong Kong international Malaysia News Payments Platforms project trial Settlement Settlements Singapore South Africa Swiss National Bank tests Thailand Transactions UAE

The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…

South Africa’s financial regulator issues warning against Binance

Post author:MiamiCrypto
Post published:September 3, 2021
Post category:Africa Binance Crypto Cryptocurrency Exchange Investments Regulation South warning

South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country.

Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals

Post author:MiamiCrypto
Post published:September 2, 2021
Post category:addresses Africa Analysis Bitcoin Chainalysis Crypto Cryptocurrency East European Eastern Europe Europe european financial pyramid Finiko Geography illicit activities News Ponzi-scheme Pyramid report Research Researchers Russia Scam Scams study tatarstan Transactions Ukraine

Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year alone, crypto addresses based in…

Ghana’s digital cedi must emulate cryptocurrencies, Afroblocks states

Post author:MiamiCrypto
Post published:August 17, 2021
Post category:Africa Central Bank Ghana

Afroblocks’ co-founder urges Ghana’s central bank to involve the in-house crypto experience and expertise to help the e-cedi succeed.