How Sub-Saharan Africa is quietly dominating the Bitcoin market
Sub-Saharan Africa, often considered a smaller player in the global cryptocurrency market, is making significant strides in crypto adoption. Recent data by Chainaalysis reveals that the region accounted for 2.3% of global transaction volume between July 2022 and June 2023. During this period, an estimated $117.1 billion in on-chain value flowed through the region. Moreover, […]
Burgeoning crypto start-up, Xend finance launch in Ghana, Kenya
Ghana exploring the possibilities of offline CBDC transactions for Ghanans
TL;DR Breakdown Ghana seeks to launch its own CBDC, wants to promote it among every Ghanan. The authorities are looking to initiate offline capabilities for unbanked citizens. Ghana has been actively exploring the possibilities of launching the new CBDC in the country, i.e., the e-cedi. The goal of the Bank of Ghana (BoG) is to […]
Bank of Ghana to roll out Digital Cedi pilot phase in September
TL;DR Breakdown Bank of Ghana to roll out Digital Cedi Sandbox Pilot September Ghana central bank to use CBDC promote digital payment and digital delivery of financial services. Africa’s fastest-growing fintech haven, Ghana, has joined the digital currency race as it is looking to pilot its central bank digital currency (CBDC) in September this year, […]
