Namibian Bitcoin Trading Platform BTN Perseveres Despite Partial Crypto Ban

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Bitcoin Trade Namibia (BTN), an emerging bitcoin marketplace, is trying to make things work for Namibians keen on investing in digital assets, even though it could take up to three days before buy orders are settled. However, in an industry where government forces crave control, the delay looks like it should be worth the wait.…

Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data

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Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of…

Bitcoin Trading Flourishes on Whatsapp Following African Exchange Closures

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Governments in Africa simply cannot stop an idea whose time has come. In Zimbabwe, financial regulators banned cryptocurrency trading, and shut down two exchanges, thinking to have killed the ecosystem, only for Bitcoin to find a new life on Whatsapp. Kenyan authorities have sounded tough on virtual currency, warning banks and individuals against trading such,…

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

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Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches…

Poor Internet Access Could Slow Down Cryptocurrency Growth In Africa

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Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1.5 billion people – most of them in Africa – to the internet.…

With Bitcoin Cash, A Namibian Conservationist Hopes To Save Endangered African Wild Dog

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In Namibia, the African wild dog population has been decimated to near extinction. But one wildlife lover is trying to stop all that. And bitcoin cash (BCH) is her gateway. Also read: Kucoin Expands Into Australia After $3m Bitcoin Australia Deal Leroux Gets First BCH Transfer In Namibian Wild Nadja Leroux, a Namibian wildlife conservationist looking…

Expanding Our Global Bitcoin Coverage – Gogo Our New Reporter in Zimbabwe

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Veteran business journalist Jeffrey Gogo has joined the news desk at Bitcoin.com. Regular readers count on news.Bitcoin.com to bring them coverage from all over the world, and that world now extends to Africa – Zimbabwe to be exact. Zimbabwe as an emerging crypto market is a critical part of the continent to have on-the-ground coverage.…