Nigeria’s Foreign Investment and Crypto Adoption Dilemma
Nigeria, the largest economy in Africa, has been facing a severe shortage of dollars, leading to a decline in foreign direct investment (FDI). The National Bureau of Statistics (NBS) reported…
Nigerian Crypto Community Affected by Paxful Shutdown
The worldwide user community of Paxful, which was a prominent peer-to-peer bitcoin marketplace, has been left looking for alternatives after the platform's collapse. However, it has a big effect on…
Seychelles Crypto Exchange OKX to Expand Services to Australia
In a statement released on March 29, OKX announced its intention to expand its crypto services to Australia, citing the country's strong adoption of cryptocurrency. The exchange, which provides services…
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Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate to facilitate real estate purchases using cryptocurrencies. Ali Adnan Mahmood, Carlton Real Estate’s deputy managing director,…
Blockchain.com Accepts Visa Debit Cards for Crypto Payment
Blockchain.com has accepted Visa debit cards payment to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards. Per the announcement: “Initially…
Nigeria Tops in Global Crypto Ownership, With Nearly Half of the Population Being Crypto Users or Owners
With cryptocurrencies being one of the technological innovations taking the world by storm, Nigeria takes the lead in terms of crypto ownership, according to Statista Global Consumer Survey. Per the…
MENA Region Emerges as The Fastest Growing Crypto Market: Chainalysis Report
US blockchain analysis firm Chainalysis released its latest report Wednesday, indicating that the region of the Middle East & North Africa (MENA) enjoys the fastest growing tendency in terms of cryptocurrency adoption despite it is…
Crypto Adoption Grows among Asian Countries, Says Chainalysis Report
Countries in the Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022, according to Chainalysis released on Wednesday.…
Honduras Establishes Bitcoin Valley in Santa Lucia to Boost Crypto Opportunities
Honduras has entered the cryptocurrency trend after launching “Bitcoin Valley” in Santa Lucia meant to spur more opportunities in the digital asset space, according to Reuters. As a result, the…
76% of Financial Institutions Eyeing Crypto Adoption in Next 3 Years, Ripple Report Shows
More financial institutions intend to join the crypto bandwagon for various reasons like bridging the payment gap, according to a report by crypto solutions provider Ripple. The Ripple report, “New…