Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
According to recent data and reports, Bitcoin and cryptocurrency adoption are soaring across Africa.
Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume, and reported cryptocurrency ownership.
Currently Uganda, Nigeria, South Africa, Ghana, and Kenya frequently rank among the top 10 countries for Bitcoin Google searches according to a recent report by Arcane Research and Luno.
The research emphasizes that Africa is, “one of, if not the most promising regions” for cryptocurrency adoption as it exhibits a young and largely underbanked or unbanked population who are often forced to use expensive forms of money remittance.Crypto ...