Tag: Cryptocurrency
BoG gets partner for e-cedi piloting
Bank of Ghana has signed a partnership agreement with German IT giant, Giesecke+Devrient (G+D) to pilot Africa’s first general-purpose Central Bank Digital Currency (CBDC)...
BoG to start e-cedi pilot this September
The First Deputy Governor of Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari has said the central bank is in the advanced stages of piloting...
BoG to pilot “e-cedi” cryptocurrency soon
The Governor of the Bank of Ghana, Dr. Ernest Addison has disclosed that the central bank is in the advanced stages of introducing a...
Bitcoin is on track for its worst month since 2011
Bitcoin slumped last Friday to its lowest that week, taking losses sparked by a growing crackdown in China and environmental concerns to almost 40%...
Samsung deepens use of cryptocurrency in Galaxy devices
Global tech device giant, Samsung Electronics has announced that blockchain/cryptocurrency users can now manage and trade virtual assets from third-party wallets on Samsung Galaxy...
Mark Zuckerberg names goat Bitcoin, creates controversy
Founder and CEO of Facebook, Mark Zuckerberg has revealed that he had named one of his goats “Bitcoin”.
This was seemingly an innocent announcement...
MoneyGram to let customers buy and sell bitcoin with cash
Money transfer company, MoneyGram is reportedly working with cryptocurrency cash exchange Coinme to enable the cash funding and payout of digital currency purchases and...
Feature: Digital currencies can only work with government backing
If you live in Africa and you are investing in any cryptocurrencies, none of which has government backing in Ghana, know that you are...
Meet software engineer who bought $650,000 dream home with crypto
When Terrance Leonard first started seriously investing in the cryptocurrency space in 2019, his original goal was to achieve financial independence.
The long-term plan was...
Crytocurrency taking over remittances to developing countries?
Cryptocurrency may be losing the backing of celebrities around the world, but it appears to be gaining grounds in the developing world as more...