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Africa: Africa's Appetite for Cryptocurrencies Surges
Daily Maverick, 22 May 2019
The price of bitcoin soared to an all-time high of $20,000 in December 2017 and collapsed to $3,400 a month later, prompting speculation that cryptocurrencies had imploded in the… Read more »
Africa's Demand for Cryptocurrencies Surges
The price of bitcoin soared to an all-time high of $20,000 in December 2017 and collapsed to $3,400 a month later, prompting speculation that cryptocurrencies had imploded in the fizz of their own hype and unfulfilled promises. Since then, however, the price has held steady and even begun to tick back upwards. In South Africa, and on the continent, there have been several recent crypto developments, suggesting the market here is beginning to tingle with life, writes Sasha Planting for The Daily Maverick.
InFocus
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Cameroonian separatists fighting for the independence of the self-declared state of Ambazonia have put their own cryptocurrency on sale to the general public. The AmbaCoin aims to ... Read more »
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With a decline in Bitcoin seeing many Nigerians pull back on their losses in the cryptocurrency market, does Africa still represent the next frontier of the virtual currency ... Read more »
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"Experts say conditions on the continent are great for virtual currency. Interest in cryptocurrency, a form of digital currency, is growing steadily in Africa. Some economists say ... Read more »
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The Governor of the Bank of Uganda, Emmanuel Tumusiime-Mutebile, has warm the public about the practice of "One Coin Digital" which claims to deal in a digital currency known as ... Read more »
