2019-6-30 12:01 |
The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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On Monday, the independently syndicated radio broadcast Free Talk Live (FTL) announced that the organization, along with a group of businesses and FTL listeners, had raised $45,000 in cryptocurrencies to construct an orphanage in Uganda.
2019-3-25 22:01 | |
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When you think of blockchain technology and cryptocurrencies in Africa, Uganda isn’t the first country that springs to mind. Instead, it’s the traditional tech titans in Africa that many associate with developments in the blockchain industry.
2019-2-24 00:44 | |
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Cryptocurrencies and the underpinning blockchain technology have continued to transform lives in Africa. The technology has been applied in Kenya to boost agriculture by Twiga Foods. In Uganda, millions of households have been connected to solar power by a crypto initiative.
2019-2-12 23:03 | |
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In the Western world, many people look at cryptocurrencies as an investment, and obsess over their price movements. In Africa, however, cryptos are much more than an investment asset class: they are transforming lives, in the financial services sector and beyond.
2019-2-9 19:34 | |
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Kenyan health services provider Health Land Spa has started taking BTC and other cryptocurrencies as a means of payment with a view to increasing accountability and averting losses. Across East Africa, cryptocurrency acceptance is on the rise, with at least two restaurants in Uganda and Kenya selling food for virtual currencies.
2018-12-11 07:50 | |
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The East African country of Uganda is set to regulate cryptocurrencies to prevent scams and protect investors. ETHNews spoke with the chairman of the Blockchain Association of Uganda to learn more about the local cryptocurrency ecosystem and what may have led to this development.
2018-11-28 01:35 | |
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Uganda—a mid-sized country located in East Africa is set to introduce a regulatory framework for cryptocurrencies whose aim will be to protect its citizens from being defrauded by the many crypto scams currently present online.
2018-11-26 12:05 | |
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It is interesting to note that despite the fact that cryptocurrencies were conceived far away from the African continent, it is rapidly following in the footsteps of Europe’s Malta to become home for a handful of cryptocurrency exchanges, wallets, and tokens in their numbers.
2018-11-10 18:23 | |
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Some African Governments are on revenue generation drive by raising taxes to fund budget deficits. From Zimbabwe to Kenya, Uganda to Benin, the same scenario is playing out and mobile money is the prime target.
2018-10-4 14:38 | |
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Binance LCX has announced the launch of a fiat-to-cryptocurrency exchange platform in Liechtenstein. The announcement follows plans to unveil similar services in Uganda a few months back. Binance LCX is a joint venture between Binance and LCX.
2018-8-17 18:22 | |
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Binance announced on their official website about the first fiat crypto exchange, ‘Binance Uganda’. This enables retail and corporate investors to exchange Ugandan currency for cryptocurrencies. Binance expanded their services in an effort to spread cryptocurrency in remote regions and increase the audience of investors.
2018-6-30 00:03 | |
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During an interview given by the CEO of Binance to one of the popular cryptocurrency news media, CoinTelegraph, Changpeng Zhao said the company was testing out new waters in not just developed countries but third world countries where he thinks cryptocurrencies will be more relevant.
2018-6-29 22:51 | |
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Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.