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It’s estimated that over 3 million people in Ghana, representing roughly 8.9% of the country’s 34 million population, use crypto in some form. Ghana’s central bank aims to have crypto regulations in place by the end of the year, with the West African country advancing a bill to parliament just a week after Kenya passed…
” Bitcoin Lightning Network growth is organic, coming from real-world adoption “ The capacity of Bitcoin’s Lightning Network (LN) recently surpassed an all-time high of 5,000 Bitcoin (BTC). The Lightning Network is a neutral protocol built on top of Bitcoin, and it currently does not have a “native” token attached to it like many decentralized…
How Ghana’s Music Fest Scene, Featuring Chance The Rapper, Burna Boy, Meek Mill and SZA, is Uniting the African Diaspora The vivid West African country of Ghana, which was historically used as a prominent port in the British trade of enslaved peoples, is increasingly on the map as a tourist and cultural destination, especially for…
” Strike partners with Bitnob to facilitate cross-border payments into Africa “ Own this piece of crypto history If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want…
” Following the signs: How crypto stickers led to a new career opportunity “ Ghana national Daniel Karikari worked as a part-time office assistant at a crypto startup, cleaning the office and serving coffee to its managers. While performing his tasks, he encountered the words “blockchain” and “cryptocurrency” on the office wall, sparking an interest…
” Blockchain for sustainable development: The case of Ghana “ How blockchain technology might help developing economies to increase financial inclusion — a closer look at financial services in Ghana. <p>In modern times of rapid globalization and digitization, technological developments have now reached such proportions that the usage of cryptocurrencies is no new phenomenon. The…
“# Ghana to explore offline transactions for upcoming CBDC ” Ghana is working to develop offline capabilities for its forthcoming central bank digital currency (CBDC) in a bid to promote its use across all segments of Ghanan society. According to a Oct. 18 report from Bloomberg, Kwame Oppong, head of fintech and innovation at the…
“# Ghana’s digital cedi must emulate cryptocurrencies, Afroblock states ” The latest central bank digital currency (CBDC) initiative from Bank of Ghana (BoG) met with skepticism as Afroblocks, an in-house independent association, speculates lack of clarity on the central bank’s intentions. Afroblocks (previously Blockchain Society Ghana) has warned BoG to steer away from “old traditional…
“# Ghana’s vice president declares Africa should embrace digital currencies ” Ghana’s vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent. As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted the theme of “Facilitating…
“# Ghana gearing for central bank digital currency pilot ” The Bank of Ghana (BoG) is reportedly moving towards the introduction of a central bank digital currency (CBDC) experiment. Speaking during a news conference in Ghana’s capital, Accra, on Monday, Ernest Addison, governor of the country’s central bank revealed that the BoG was in the…