Blockchain & crypto news from India
As per a study, Nigeria showed more interest in cryptos than any other nation since the digital in April. Nigeria ranked 371 in the study that looked at Google Trends data for 6 searches like ‘invest in cryptocurrency’ or ‘buy cryptocurrency’ that were then mixed to give each English-speaking country a total search score. The…
In Africa and other developing nations, cryptocurrency use has increased. That is in line with a policy brief that UNCTAD, a United Nations organization, recently published. The populations of South Africa (7.1%), Kenya (8.5%), and Nigeria (6.3%) use these digital currencies in significant numbers. Bitcoin became legal tender in the Central African Republic in June….
In emerging nations like those in Africa, cryptocurrencies have gained popularity. According to a policy brief recently published by UNCTAD, a United Nations organization. Significant segments of the populations of South Africa (7.1%), Kenya (8.5%), and Nigeria (6.3%) use these digital currencies. The Central African Republic recognized bitcoin as legal tender in June. Why Is…
Speculative investments and cryptocurrency crashes are occasionally associated with blockchains. Some start-ups are attempting to implement Web3 use cases in Africa, such as getting unbanked individuals online and into a more centralized financial system. According to data from the Swiss Crypto Valley Venture Capital, or CV VC, while funding for African blockchain businesses raised $127…