The purpose of this series is to save you time from scouring the internet for updates from specific countries. I will sieve through the ocean of news/articles and information so that you can have them at a click of the mouse.
For your easy reference, the methodology I use for this series is as follows:
1. Countries listed in alphabetical order by Continent
2. News/article links listed in reverse chronological order by country in the Continent
3. Title listed exactly as in source article
4. A short excerpt of the article as it appeared in the source article to assist the reader of this is something they will want to check it out for the complete article.
5. A “Full article” link that takes the reader to the news source.
6. Name of the site will be listed and linked to the news source.
7. Name of the author and date published.
Why am I doing this series? I believe that the adoption of cryptocurrencies is not only driven by individual token but also by what is happening globally. It is a level playing field, and some countries are taking advantage of it faster than others. To have a better perspective, we need to keep our ears open for development within each progressive country. This way, we will not underestimate the growth in this section in developing countries or underdeveloped countries, for that matter.
As you can tell from the title, this specific installment focuses on the African continent. The next installment will be focusing on the Asian continent. Allow a day or two for that to come out. If the response is good and readers find this useful, I’ll continue with the series.
AFRICA
Africa - general
1. Crypto Industry Thriving on the African Continent
Africa is fast emerging as one of the planet’s centers for Bitcoin and cryptocurrency interest. Recent weeks have seen several developments that show a thriving industry on the continent. Full article at BeinCrypto, Rick D., Sep 28, 2020
2. Booming African crypto adoption drives concerns over regulation
2020 has seen an acceleration in African crypto adoption, with the continent emerging as the second-largest region for peer-to-peer (P2P) trading, and two African nations ranking in the top eight of the Chainalysis crypto adoption index. Full article at Cointelegraph, Samuel Haig, Sep 23, 2020
Eqypt
1. Egyptians Will Be Able To Make International Bank Transfers Through Fawry Very Soon
For those sending money abroad to students, or those living abroad sending money back home, your life is about to get much easier thanks to Fawry's new partnership with an un-named Egyptian bank after receiving approval from the Egyptian Central Bank (CBE).
The transfer service will streamline the process for those sending and receiving money and will make Egypt's remittance revenue more efficient. The new program will also make use of the crypto-currency Ripple and its block-chain network to make sure there's no corruption or lost funds. Full article at Nile FM, Sept 21, 2020
2. Egypt, Cryptocurrencies, and Catching up with the Middle East
Recently, the government in Egypt announced that it is considering pursuing a lift on its crypto exchange ban. Full article at MENAFN (Mid East N. Africa Financial Network Inc), Sep 23, 2020
Kenya
1. Kenyan Stablecoin Operator Calls for Unified African Crypto Regulatory Approach
This week, the Young Entrepreneurs Network, a Kenya-based business forum that organizes golfing tournaments across the country, received approval to test its YENTS stablecoin in the country’s regulatory sandbox. Full article at Inside Bitcoins, Jimmy Aki, Sep 29, 2020
Nigeria
1. Experts want SEC, CBN clear directive on cryptocurrency in Nigeria
Financial experts have stressed the need for the Securities and Exchange Commission (SEC), and Central Bank of Nigeria (CBN) to work together and chart a clear, articulated and progressive course on cryptocurrencies in Nigeria and avoid regulatory overlap.
The experts, who expressed concern at the slow technology penetration in Nigeria, said the nation could not afford to take the backseat in these initiatives given its strategic importance in Africa. Full article at The Guardian, Helen Oji, Sep 30, 2020
Senegal
1. Rapper Akon reveals plans for the futuristic $6bn city that he will build in Senegal modelled after Black Panther's Wakanda
· R&B star laid first stone for the city in village of Mbodiene, 60 miles from Dakar
· Akon said he wanted to build a 'home back home' for African-Americans in US
· Wakanda from the Black Panther comic book series also served as inspiration
· Work will start early next year, with completion of the first phase set for 2023
Full article at Daily Mail, Tom Pyman, Sep 2, 2020
Tanzania
1. Accelerating the adoption of digital payments in Tanzania (Video Clip)
Tanzania's digital landscape in recent years has grown creating a number of economic opportunities. Mastercard and Selcom recently announced the launch of an enhanced mobile payment application that enables people to centralize all their payment cards or supported mobile banking profiles on one digital platform. Sameer Hirji, Executive Director, Selcom Paytech Limited joins CNBC Africa for more. Watch full video clip at CNBBC Africa, Sep 23, 2020
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Header Image Source: Gerd Altman, Pixabay
here for a quick visit my friend...upvoted! =)