The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future.
For instance, instead of being seen or used as a tool for speculative trading, crypto is proving to be a more convenient and cheaper way of sending remittances.
In countries whose economies have been devastated by inflation, cryptocurrencies are an alternative way of storing value. As more people on the continent understand these attributes of cryptocurrencies and the underlying technology, their demand for digital assets also increases.
As policymakers from other jurisdictions work on finding ways to stop or slow the adoption of this fintech, it becomes imperative that the African crypto story gets told more frequently. Bitcoin.com News has been one of the media platforms to regularly cover stories, events and individuals making a difference in Africa crypto’s space.
Now, in addition to regular African posts, Bitcoin.com News is launching a weekly newsletter which essentially recaps all the major crypto and economic news from the continent. Readers interested in keeping tabs on African events can do so by subscribing to the newsletter via the sign-up link below.
Register your email here to get a weekly update on African news to your inbox:
Read the full article here