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It is a well-documented fact that Africa has a huge number of unbanked, which in some countries goes beyond 70%, and also incurs very high costs of money transmission. It follows then that when Bitcoin is mentioned in the same breath as Africa, it is often as a technology that is in a position to help solve these probl...
Africa has achieved yet another milestone in the world of cryptocurrency as the first quarter of 2015 drew to a close.
Bitcoin and Africa are often mentioned in the same sentence, particularly when talking about remittances and the unbanked.
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If you are a member of Africa’s expanding diaspora, then Bitcoin could potentially hold the key to a better life for your friends and relatives in the motherland. Many nations on the African continent are dependent on money transfers from abroad known as remittances.
BitPesa ended its beta testing phase to celebrate its official launch last week.
BitX launched the first wallet and exchange service in Kenya on August 6.
Since Bitcoin became known and the idea of independent deflationary digital currency roaming the online fields, Africa had interest in it. Even if no one thought about it at that moment.
It has been revealed recently that Safaricom, a leading Kenyan mobile network operator, tried to shut down a promising Bitcoin startup. Are monopolists that much afraid of losing out to Bitcoin?
Kenya Ministry of Communications and Information Technology minister Joe Mucheru is unable to sell his shares in BitPesa after the federal government imposed tightened regulations on virtual currency.
BitFury announced that it has invested in BitPesa, a universal payment and trading platform for the African continent, through its investment wing, BitFury Capital
African blockchain-related startups will pitch new products at SWIFT African Regional Conference in Mauritius on May 18.
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