Africa Europe World 

Bitcoin Trading Connection with Austria

– – Bitcoin trading is now available in Austria through the Bitcoin Austria exchange. The service offers users the ability to buy and sell bitcoins in Austrian schillings. There is a 0.5% fee for each trade, and the minimum trade size is 10 euros. The service is available to residents of Austria over the age of 18. The quantum ai… Read More
Africa Business World 

CAR is first African country to adopt bitcoin as official currency

– – The Central African Republic has now adopted bitcoin as an official currency, making it the second country in the world do to after El Salvador. El Salvador became the second country to do so when it made its own announcement last year. CAR lawmakers voted unanimously to pass the bill legalizing bitcoin and other cryptocurrencies in parliament this week.… Read More
Africa Business World 

Infocus International introduces online workshop on FinTech & Crypto

– – Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched a brand new online workshop –FinTech & Cryptocurrency which will be commencing live on 9 March 2022. This is a live online course running over seven sessions. The first two sessions cover FinTech that enable and disrupt existing banking practices by using… Read More
Africa Nigeria News and Headlines West Africa World 

School in Nigeria to accept fees in cryptocurrencies

– – A school in the northern Nigeria city of Kano is now accepting cryptocurrency as a means of payment fees. Oxford Science Academy, a private school however said the digital money is not compulsory. The school’s head, Sabi’u Musa Haruna told BBC that the school parents of students had been consulted with many welcoming the decision. Nigeria is the… Read More
Africa China World 

Chinese lottery firm expands its crypto presence

– – Lotteries are extremely popular in China, where many millions of people buy tickets every year in the hope of striking lucky. This process has gone online over the last few years, as more and more people in the country gain access to the internet, and has only served to increase its popularity. Lottery companies are certainly keeping up… Read More
Africa Business Nigeria News and Headlines West Africa World 

Nigerian banks closing accounts dealing with cryptocurrency

– – Nigeria’s Central Bank has told banks and other financial institutions in the country to close all cryptocurrency-related accounts. Last week the bank in a statement said all financial institutions were prohibited from facilitating crypto currency payments. “Further to earlier regulatory directives on the subject, the Bank hereby wishes to remind regulated institutions that dealing in cryptocurrencies or facilitating… Read More
Africa Business World 

The rise of cryptocurrency transfers to Africa

– – Cryptocurrency is steadily growing acceptance in Africa. Similarly, the use of cryptocurrency for money transfers to Africa is also on the rise. Fintech companies use cryptocurrencies such as Bitcoin to mitigate problems associated with traditional money transfers to Africa and within Africa such as high fees. Africa is the most expensive region to send money to in the… Read More
Africa Business Nigeria News and Headlines West Africa World 

The Nigerian who returned $80K bitcoins sent him mistakenly

A Nigerian man has returned $80,000 worth of bitcoin mistakenly transferred to him. He returned the bitcoin to the owner. Keith Mali Chung is reported by Radio France Internationale to have discovered 7.8 bitcoins in his account. The bitcoins were worth $80,000 but he could not hold on to it knowing it didn’t belong to him. He reportedly tracked down… Read More
Africa Business World 

Do trade wars affect the prices of digital currencies?

It is no secret that cryptocurrency prices can be volatile. Those of us who have taken the step to sign up with the likes of Luno to acquire a bitcoin wallet and get in on the action have seen prices soar and then come back down to earth just as quick. The reasons for these rapid increase in Bitcoin’s value… Read More
Business Investments 

Bitcoin and Blockchain Explained

What is Bitcoin?  Bitcoin is an online investment system where money is being saved in a digital currency using Blockchain technology. We usually express Bitcoin as a digital currency in dollars. The stored value of bitcoin fluctuates like most currencies or precious metals such as gold or silver. In the cryptocurrency marketplace, there are over 2172 cryptocurrencies operating in 10,840… Read More