News
African crypto adoption has exploded in 2020, prompting fears of a heavy-handed regulatory response
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Ghana News
Ghana is a west African country with an area of 239,500 square kilometers and a population of 28 million people. Ghana has one of the fastest growing economies in the word. Ghana has a rich resource base that includes petroleum and precious metals, plus a developed industrial sector that produces automobiles and electronics. The Ghanaian economy, if properly improved in property rights and market transparency, could become the strongest in Africa. There is no certainty about the position of Bitcoin in Ghana. Ghana has no Bitcoin regulation; however, trading Bitcoin is not legal, as it is yet to be recognized as a form of currency. All mediums of exchange in Ghana should be approved by the Bank of Ghana and Bitcoin’s status is under consideration. The central bank of Ghana issued Bitcoin-related warnings which cautioned the public on the use of it and related risks.
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The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency.
4551 - Opinion
Blockchain technology could help the African gold industry boost the continent’s economic growth, even during the coronavirus pandemic.
5001 - Opinion
Africa remains one the most economically potential regions in the world, crypto and blockchain will help to drive its development.
4719 - Opinion
Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana.
4019 - New Year Special
Data clearly suggests a link between Bitcoin’s price volatility and global Google searches for the top crypto.
10188 - Analysis
Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a CBDC pilot in 2020.
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Ghana is exploring a central bank digital currency “with the possibility of issuing” an e-cedi in the near future.
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Time Magazine has put a blockchain startup from Ghana in its “Genius Companies” list for 2018, along with such companies as Apple, Netflix and SpaceX.
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Bitcoin and blockchain tech are ripe for mainstream adoption in Africa, where the population is well positioned to embrace the innovative technologies.
28082 Only three cryptocurrencies are in green as of 08:00 GMT. The carnage is brutal like the Rwanda Massacre some 27 years ago.
38492Bitcoins support base maybe doing more harm than good to the cryptocurrency and keeping it from succeeding.
763Ghana is a big time cash society. Cointelegraph decided to find out how far you can go with Bitcoin.
816With its smartphone penetration growing and many citizens unbanked, Bitcoin’s adoption in Ghana has a future.
1255Will Bitland's first official ICO initiate a process which would resolve the prevailing global rural real estate conflicts?
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