Kenya takes a step towards regulating crypto-currency

The Kenyan government has asked the Blockchain Association of Kenya (BAK) to write the first draught of the Crypto Bill, also known as the Virtual Asset Service Provider’s Bill, in a move that could see crypto-currencies regulated. The government made the recommendation after BAK appeared before the National Assembly Committee on Finance and National Planning....

Binance adds more African countries as crypto demand rises

Binance, blockchain ecosystem and cryptocurrency infrastructure provider, is now offering services in Angola, Botswana, Namibia, Mozambique, Zimbabwe, and Zambia – as it expands its presence on the continent. This expansion aims to bolster Binance’s presence on the continent, where cryptocurrencies have seen a lot of interest and adoption in recent years. Binance says this move...

Binance Launches “First-of-its-Kind” Crypto Education Hub in Francophone Africa

Binance, one of the world’s leading blockchain ecosystems and cryptocurrency infrastructure providers, has on Wednesday announced the launch of a crypto education hub in Yaoundé, Cameroon. The hub is set to provide resources and training for young people across Francophone Africa and is in collaboration with non-profit tech hub Inoni tech. The hub will be...

Kenya’s interest in cryptocurrency on the rise

Over four million Kenyans own cryptocurrency, making it the one of the largest – if not largest share in Africa, according to a new report released by the United Nations Conference on Trade and Development (UNCTAD). The report says 4.25 million people or about 8.5% of the country’s population own cryptocurrencies. A closer look at the UN...

Who is Buying Crypto in South Africa?

The average South African crypto buyer is most likely to be male, spends about $29.38 on the first purchase and holds onto it for about eight months, according to data from Luno, the largest crypto platform in the country with 9.8-million customers in 40 countries. Interest in crypto is rising on the African continent, says Richard...

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