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African cryptocurrency

Who is Buying Crypto in South Africa?

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African Metaverse Set to Boost Economy and Create Employment

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South Africa Set For a Boost in NFT Adoption in the Near Future

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Stand a Chance to Win $5000 at Remitano’s “Tournament of Diamond Hands”

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Mastercard to Support Cryptocurrency Transactions on its Network

Mastercard is preparing for the future of transactions by planning to support cryptocurrency transactions across its network. This comes at a time when these digital assets are becoming a more important part of the payments world, especially during Bitcoin’s recent surge in value. In a blog post, Mastercard says, “We are preparing right now for the future of crypto and payments, announcing that this year Mastercard will start supporting select cryptocurrencies directly on our network. This is a big change that will require a lot of work. We will be very thoughtful about which assets we support based on our principles for digital currencies, which focus on consumer protection and compliance.” The company goes on to say that its philosophy on cryptocurrencies is straightforward: It’s ab...

The African Millennial Population Can’t Get Enough of Bitcoin

Bitcoin for beginners: The how to guide. When the pioneering cryptocurrency Bitcoin came on the scene, many people assumed this currency would be most relevant for people in the developed world. However, African millennials are rapidly upending stereotypes about Bitcoin adopters. Why Bitcoin Is So Attractive For Young Africans Some commentators believe that the recent growth in Bitcoin prices represents the inflation of a fiscal bubble. Still, many other financial experts believe Bitcoin’s exponential rise is here to stay. The incredible explosion of Bitcoin prices has proven difficult to resist for people who are desperate to get into investing. Many thousands of young Africans are currently betting big on Bitcoin. For years now, Africans across the continent have adopted technology with ...

South African Crypto Traders should Gear Up for Stricter Taxes

Over the last five years, South Africa has emerged as one of the world’s most notable cryptocurrency adopters, and an estimated 13% of its internet users owning or using cryptocurrencies. With the South African Bitcoin/ZAR weekly trading volume – to name just one – currently standing close to R30million, there are various manners in which the South African Revenue Service (SARS) can track the gains made by South African taxpayers who trade cryptocurrencies. This is according to Wiehann Olivier, Partner at the Audit Division of Mazars in South Africa, who says that there are various techniques SARS could apply for the direct taxing of cryptocurrencies. “To start, the fact that cryptocurrencies were created to allow for anonymous, frictionless and trusted peer-to-peer transaction to be condu...

More Women In Africa are Turning To Cryptos, Research Shows

Sourced from Hacker Noon. The COVID-19 pandemic has brought the global economy to a standstill and put millions of people under financial stress. Understandably, people from all walks of life started looking for alternative income streams. Not only are these side jobs providing women with additional income, but they are also giving individuals an opportunity to develop new skills in the bitcoin and blockchain space. Blockchain skills are in high demand internationally and may unlock new career opportunities or set the ground for running a successful business in the future.  Beyond speculative activities, bitcoin already drives a whole range of entrepreneurial ventures including arbitrage, remittance, e-commerce and educational projects, to name a few. /* custom css */ .tdi_3_b38.td-a-...

Will Crypto Enter The Mainstream In Africa?

Cryptocurrencies are garnering interest across the globe, and have been for the last decade, but it is in Africa in which many are starting to think that these new digital currencies will take off with vigour. The reason for this could well be that Africa finds itself in a rather unique monetary situation, along with an equally unique technological one.  Mobile and crypto, the perfect combination Whereas in Europe and North America Internet connectivity took off mainly through fixed-line broadband, Africa has been at the forefront of truly mobile-first Internet infrastructure. While cities are indeed rolling out fixed-line broadband, the vast majority of Africans get online through their data connection solely on their mobile phone. This has lead to a situation where 5G is expected to...