Africa is the future of DeFi, argues Cardano’s Charles Hoskinson
The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world’s second-most populous continent
The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world’s second-most populous continent
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems.
The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change.
“We want Nigeria to be strategically placed to capture value from this economic potential of blockchain,” stated the NITDA director-general.
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.
The ease and convenience of services backed with the emerging techs can dramatically improve the financial landscape in Africa.
The region’s traders are highly aware of scams and avoid them.
‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said.
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year.