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South Africa: Cryptocurrencies - Digital Gold, a Bubble or an Investment Case?
Daily Maverick, 11 January 2018
Bitcoin is now a ubiquitous conversation piece at dinner parties (even the fun types the authors are not invited to), having evolved from a fringe topic reserved for tech… Read more »
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Africa: How Africa Can Ride On the Cryptocurrency Wave
Capital FM, 9 January 2018
Cryptocurrency to most people and institutions in Africa is a very big, and daunting word. Like all new technologies, the concept of digital currencies remains an abstract idea to… Read more »
Will Cryptocurrencies Change the Shape of African Economies?
The Central Banks of Zimbabwe and Egypt have warned against the use of cryptocurrencies, saying their lack of official oversight makes them unstable investments. This comes as Daniel Polakow, Nico Katzke and Onno Huyser of The Daily Maverick posit whether the growing popularity of Bitcoin and other cryptocurrencies is a sign of an economic bubble about to burst or a digital gold rush that should be capitalised on.
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Egypt: CBE Warns Against Dealing in 'Bitcoin'
Egypt Online, 10 January 2018
The Central Bank of Egypt (CBE) has warned against dealing in Bitcoin for the risks that might result from dealing in such currency, as it is unstable and cannot be supervised. Read more »
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Zimbabwe: Central Bank Warns Against Use of Bitcoin
New Zimbabwe, 22 December 2017
The Reserve Bank of Zimbabwe (RBZ) on Thursday warned the public against the use of virtual currencies such as Bitcoin because of the risks involved. Read more »
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Africa: Bitcoin Is a Highly Speculative Investment. Why Caution Is Required
The Conversation Africa, 5 December 2017
With the price of a bitcoin reaching record highs of more than $10,000, more and more ordinary people consider investing in the cryptocurrency. The recent price surge, however,… Read more »
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Nigeria: Paxful Enlightens Nigerians On the Use of Bitcoin
Guardian, 6 December 2017
Despite the Nigerian financial regulators aversion to it, Bitcoin has continued to gain more popularity and acceptance globally, even in Nigeria, as more people now prefer to do… Read more »
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Kenya: Is Bitcoin the Next Wave or Another 'Quail' Investment?
Nation, 6 December 2017
Is bitcoin the next wave of technology or is it a 'quail' investment? Many Kenyans must be wondering and there is a lot of discussion about the digital currency, whose price has… Read more »
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Rwanda: Bitcoin Has the Glitter but It Is Not Gold
New Times, 5 December 2017
From Wall Street, to the streets of Kigali, Bitcoin has recently been a term on most people's mind. The cryptocurrency, once pronounced a fraud, is now taking on the world by… Read more »
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Zimbabwe: Bitcoin Price Hits U.S.$16,500
The Source, 27 November 2017
The price of bitcoin in Zimbabwe as quoted at the local exchange, Golix, rose 13,79 percent on Monday to trade at $16,500, about 65 percent above the global price. Read more »
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Kenya: Rise of Bitcoins Causes Stir But Questions Linger
Nation, 26 November 2017
The man who recently attracted curiosity when he paid part of his dowry using Bitcoins, a form of digital currency, in Naivasha considers himself a non-conformist. Read more »
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Zimbabwe: Bitcoin Is Illegal - Central Bank
The Herald, 22 November 2017
The Reserve Bank of Zimbabwe (RBZ) has warned members of the public against using Bitcoin, saying its use is not legal in the country. The RBZ has been lax towards regulating the… Read more »
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Kenya: CBK Hesitant to Regulate Digital Currencies - Dr. Njoroge
Capital FM, 14 November 2017
Central Bank Governor Dr. Patrick Njoroge has said the regulator is still assessing the risks associated with cryptocurrencies such as Bitcoin before rushing to regulate the… Read more »
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Nigeria: What Nigerians Should Know About Bitcoin
Vanguard, 13 November 2017
1. Factors driving Bitcoin growth in Nigeria Read more »
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Nigeria: Bitcoins Not Legal Tender in Nigeria, NDIC Warns
Vanguard, 13 November 2017
The Nigeria Deposit Insurance Corporation (NDIC) has warned members of the banking public on the danger of digital currencies like Bitcoins, saying they are not legal tenders in… Read more »
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Zimbabwe: Bitcoin Soars As Citizens Brave Risks for Way Out of Currency Chaos
The Source, 6 November 2017
In 2008 at the height of the global economic crisis which followed the collapse of the United States based financial group, Lehman Brothers, a white paper challenging the… Read more »
