A recent report by UNCTAD established that Kenya is fifth among the top 20 developing countries, and the first in Africa in terms of ownership of digital currencies.
Iwa Salami, Reader (Associate Professor) in Law, University of East London, believes that crypto has its good and bad side, but can succeed if it lives up to its promise.
Cryptocurrency is gaining ground in Africa with countries including Kenya, South Africa, and Nigeria leading the adoption rate. A recent report by UNCTAD established that Kenya is fifth among the top 20 developing countries, and the first in Africa in terms of ownership of digital currencies.
About 8.5 percent of the country’s population owns cryptos. The other countries with high crypto ownership in Africa are South Africa (7.1 percent) and Nigeria (6.3 percent.). Recently, the Central African Republic became the first country in Africa and the second in the world behind El Salvador to recognize Bitcoin as a legal tender. As digital assets gain...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...