Hodlers thankful as Bitcoin is gainful: Bad Crypto news of the week
Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week’s Bad Crypto podcast.
Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week’s Bad Crypto podcast.
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.
When the Nigerian government shut down #EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.
“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.
Nigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.
‘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.
It’s common in Nigeria for police officers to threaten and extort citizens for whatever money they can find. This man uses bitcoin as a hiding spot.