The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies.
Egypt News
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People continue to turn to Bitcoin and other cryptocurrencies to boost their profits even amid a pandemic.
11444Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020.
3512Crypto adoption appears to be growing across the continent of Africa.
16215The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances.
6561Skepticism to crypto in Islamic countries is not a pure rejection, but a result of uncertainty, according to an Islamic finance expert.
4845The Egyptian government is ready to overcome years of uncertainty on crypto, with new laws reportedly coming by the end of 2019.
6227A new draft banking law will make it mandatory to obtain licenses in advance of operating platforms for issuing or trading crypto.
3025A sub-governor from the central bank of Egypt has said the entity is looking into issuing a blockchain-based digital currency.
5442Bitcoin and blockchain tech are ripe for mainstream adoption in Africa, where the population is well positioned to embrace the innovative technologies.
28316Both crypto mining and cryptojacking are more common on college campuses than in the five other industries studied, according to Vectra report
19947A study has shown that Egyptian Internet user traffic is being manipulated by gov’t-linked entities to redirect users to crypto mining sites and ads.
72269Grand Mufti Shawki Allam cited Bitcoin’s potential use in money laundering and supposed use in financing terrorism when issuing his ruling.
82272Egypt’s first Bitcoin exchange prepares to launch this September, as the Egyptian pound continues its fall.
6853Our London Correspondent Nick Ayton aka the Sage of Shoreditch interviews a professional scammer, comments on the latest Ethereum meetup, new Criminal Coin ICO, and Satoshi spotted in Wimbledon.
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