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Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.

Gamers in Africa Can Earn Bitcoin While Playing Classic Titles

Gamers in Africa Can Earn Bitcoin While Playing Classic Titles

Zebedee has partnered with Bitnob to allow African gamers to earn Bitcoin while playing classic games such as Counter-Strike. The Bitcoin Lightning Network will allow game developers to replace in-game points with Bitcoin, which can then be converted to local currencies.

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi

Burundi has banned Bitcoin and every other form of digital trading from its soil because it can no longer offer protection to persons with problems related to it.

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The top 100 DeFi tokens had a bullish week, and Glassnode predicted only a small percentage of staked ETH would be withdrawn.

Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap

Binance Provides Blockchain Education to Francophone Africa, Narrowing the Financial Gap

To offer lifelong financial and career development to French-speaking Africans, leading crypto exchange Binance is offering blockchain education in Cameroon and Francophone Africa.

Celo Launches Web3 Africa Fund to Support Blockchain Startups

Celo Launches Web3 Africa Fund to Support Blockchain Startups

Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund with the goal of supporting 250 projects in the development of African projects.

Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption

Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption

Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.

CBN is continuing to develop its eNaira

CBN is continuing to develop its eNaira

R3, the CBN's possible technology partner, will help design a new system to give the CBN complete authority over the CBDC.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

Jay-Z and Jack Dorsey to Fund Bitcoin Development in Africa and India with $24.5M

Jay-Z and Jack Dorsey to Fund Bitcoin Development in Africa and India with $24.5M

To enable the penetration and adoption of Bitcoin on African and Indian soils, Jay-Z and Jack Dorsey are to give away $24.5 million in BTC.

BIS analysis reveals unequal CBDC uptake in Africa

BIS analysis reveals unequal CBDC uptake in Africa

CBDC helps African central banks implement monetary policy. A CBDC would save money on banknotes, transportation, and storage. Sub-Saharan Africa sends two-thirds of the world's money.

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