Terraform Labs is not relenting in its effort to revive Terra coin (LUNA) which crashed from $64.13 to $32.00 on May 9, 2022, and dipped to further to nearly $0 in less than four days Since the LUNA crash, the coin has not recovered and more than $40 billion of investors’ monies have been wiped out of … Read more
President of El Salvador Nayib Bukele says 44 countries will be meeting in San Salvador to discuss how cryptocurrency can be deployed to deepen financial inclusion and digital economy. In a tweet, the president of the first country in the world to adopt bitcoin as one of its official currencies said the 44 countries include 32 central banks and … Read more
In a bid not to be left behind in the world of cryptocurrency, Nigeria’s government has formally come up with a legal framework backing the trading of bitcoins, Ethereum, Litecoin, and Non-Fungible Tokens (NFTs) and other digital assets in Nigeria (find the download link below). The rule book issued by Nigeria’s Securities and Exchange Commission … Read more
Buying cryptocurrency isn’t as hard as it used to be 10 years ago. This is because some crypto exchanges have integrated local currency into the payment methods to simplify the process. In this post, we will guide you on how to purchase bitcoin, Ethereum, Binance coin, Solana, Cardano and other cryptocurrencies on VALR, one of … Read more
Cryptocurrency investors and enthusiasts have experienced the market’s ups and downs, the good and the bad, with volatility cutting across the industry. Here are the all-time highs of the 10 largest cryptocurrencies since their launch: 1) Bitcoin (BTC) On January 20, 2025, Bitcoin, the largest and most valuable cryptocurrency, reached an all-time high of $109,114.88. … Read more
South Africa is one of the few African countries where there is a fair cryptocurrency policy by the government. And of course, this has triggered the interest of many citizens of the country to embrace digital currencies. Irrespective of your location whether in Limpopo, Eastern Cape, Northern Cape, Free State, and Gauteng among other provinces, there … Read more
More and more people invest in crypto as it is a good way to earn a passive income. How is it? The price for BTC, as well as other popular coins, is volatile. It’s up to you to monitor it and decide when it is the best time to sell or buy BTC online. If … Read more
While some cryptocurrency of buyers around the world described the crash of Bitcoin below $31,000 Monday, May 9, 2022, as a disaster, it was good news for El Salvador and its president. The first country to adopt Bitcoin as one of its official currencies announced that it bought the dip by investing over $15 million … Read more
Roy Fenton was the first governor Central Bank of Nigeria at inception but Aliyu Mai-Bornu was the indigenous CBN Govenor while Yemi Cardoso is incumbent governor of the apex bank. So, the CBN has produced 12 governors since the apex bank came into existence in 1958. Apart from being the sole issuer of the Nigerian … Read more
As the 2023 presidential election becomes intense by the hours, it is clear that the political audacity of the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele will cause more havoc to Nigeria’s monetary system. The CBN governor is more interested in succeeding Muhammadu Buhari than focusing on its primary role of stabilising … Read more
South Africa is one of the few African countries that allow users to use their debit cards to purchase bitcoin, Ethereum, BNB, Litcoin, Solana and over 100 other cryptocurrencies in the world. In case you are not sure if the crypto exchange supports your country, you can check out the list of African countries supported … Read more
There are 13 African countries that can use Coinbase for cryptocurrency trading, though they have varied trading capabilities. For instance, crypto buyers and seller in Ghana can convert their digital coins on coinbase. Ghanaian, South African, and Kenyan crypto buyers can use their debit and credit cards to make crypto purchases. Are you an African … Read more
Trading cryptocurrency in South Africa is not illegal provided the traders are ready to pay taxes on the profit made from such trades. That on its own is most likely to make the country the pacesetters of digital assets in Africa. But crypto community and stakeholders in blockchain technology in the former apartheid country are … Read more
The most-traded currencies for global transactions in Oceania are the Australian Dollar (AUD) and the New Zealand Dollar (NZD). Not just on the continent, they are the fifth and 10th on the global ranking. Also, Australia, New Zealand, and New Papua New Guinea have the largest economy in Australia or Oceania. But using United States … Read more
There are 41 central banks in Africa. While each of the independent countries has an apex bank of its own, two currency unions are associated with multinational central banks. The multinational apex banks are: West African Banque Centrale des États de l’Afrique de l’Ouest (BCEAO) and the Central African Banque des États de l’Afrique Centrale (BEAC). The members of BCEAO and … Read more