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Will Rest of Africa Follow Nigeria's Cryptocurrency Clampdown?

While Nigeria's Securities and Exchange Commission turns its attention to regulating digital currency and crypto-based companies, other African countries, including South Africa, are seeing citizens losing their investment on deals too good to be true. Bitcoin is the first blockchain-based cryptocurrency in the world and is largely considered the most widespread and successful.

Nigeria: SEC Begins Regulation of Crypto-Currency Assets to Protect Investors

This Day, 15 September 2020

Nigeria's Securities and Exchange Commission (SEC) has said it will begin regulating trade in crypto assets to protect investors and ensure market integrity and transparency. Read more »
Nigeria: Govt Moves to Regulate Crypto Currencies, Other Digital Investments

Premium Times, 14 September 2020

Nigeria's Securities and Exchange Commission (SEC) on Monday announced that it would begin to regulate digital currencies and crypto-based companies. Read more »
Kenya: Kenya Among 5 Countries Leading in BTC Consumption Globally

CIO, 17 July 2020

Kenya has been declared one of the highest top 5 consumers of the Paxful bitcoin globally, by a Paxful analysis that rated Nigeria, USA, Ghana, and India as the leading market for… Read more »
Africa: To Infinity and Beyond - the Rise of a Crypto Empire

Daily Maverick, 10 September 2020

The cryptocurrency industry is beginning to see the rise of crypto empires -- expanding ecosystems created by early movers and original crypto businesses that aim to dominate the… Read more »
Nigeria: Firm Launches First Bitcoin ATM in Nigeria

Daily Trust, 13 July 2020

Following the increasing adoption of cryptocurrencies and blockchain Technology in Nigeria, a tech company, BlockStale, has launched the first-ever bitcoin Automated Teller Machine… Read more »
Zimbabwe: Zimbabwe Awaits Its Economy to Shift to Blockchain Technology.

Zimbabwe Standard, 4 July 2020

Zimbabwe is an underdeveloped country that is suffering from the last few years due to the destructive condition of its economy. If we take a brief review of the last few years of… Read more »
South Africa: Investors Heading to High Court After Cyptocurrency CEO Fails to Pay Back Millions

News24Wire, 10 June 2020

An urgent application will be filed in the High Court in Port Elizabeth this week against Willie Breedt, the defunct CEO and owner of the cryptocurrency scheme, VaultAge Solution… Read more »
Zimbabwe: Zimbocash Lists On Cryptocurrency Exchange Platform

Zimbabwe Independent, 22 May 2020

The newly-launched blockchain token for Zimbocash, a project that is developing a national decentralised currency network in Zimbabwe, has been listed on major international… Read more »