A preference for mobile money, the fast takeup of digital currencies, the growing allure of regulated cryptocurrencies among central banks and now, a call for a continental cryptocurrency. Could this spell the end of paper money in Africa…
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 adoptions in the world.” African Volumes Mainly Composed of Retail Transfers The crypto adoption observation for Africa is corroborated by the blockchain analysis firm’s latest…
Investors, big and small, novice and experts across the world, have fancied cryptocurrencies. But for Africa, it is a necessity. The average Joe’s across many countries have managed to rake in fortunes from their Bitcoin [BTC] and other crypto investment over the last decade. The adoption seen in Africa reflects the need for a financial…
