Just in, Africa sets a new All-Time high of N5.076 Billion Naira in peer-to-peer Bitcoin trades across 18 African countries with Nigeria covering over N3.631 Billion Naira.
The implementation of the African Continental Free Trade Area (AfCFTA) agreement will no longer start on July 1st this year because of the disruptions caused by the novel coronavirus (COVID-19) global pandemic.
With the current wave of new means to access funds, and the steady enforcement on cashless policies. The South African Post Office announced plans to rollout cashless ATMs in four months time.
Since after the launch of the first bitcoin ATM in Nigeria, the number of bitcoin ATM in Africa and beyond have significantly increased. We have a total of more than 7,600 Bitcoin ATMs throughout the world.
South Africa’s top financial regulators and the country's apex bank—South African Reserve Bank, have collectively issued a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers.