{"id":20997,"date":"2024-11-16T12:45:35","date_gmt":"2024-11-16T12:45:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=20997"},"modified":"2024-11-16T12:45:35","modified_gmt":"2024-11-16T12:45:35","slug":"africa-crypto-week-in-review-ex-twitter-ceo-to-attend-bitcoin-conference-in-nairobi-algorand-driving-crypto-adoption-in-nigeria-as-valr-breaks-1-million-client-mark","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=20997","title":{"rendered":"Africa Crypto Week in Review: Ex-Twitter CEO To Attend Bitcoin Conference in Nairobi, Algorand Driving Crypto Adoption In Nigeria As VALR Breaks 1 Million Client Mark"},"content":{"rendered":"

In this week\u2019s Africa crypto review, Jack Dorsey is heading to a Kenya crypto conference. South Africa could be the OneCoin Crypto Queen\u2019s hideout, and Algorand is making big moves in Nigeria; discover this and more from crypto Africa.<\/p>\n

Crypto markets are on a roll, with Bitcoin<\/a> smashing all-time highs in the past week. The continental trading and development landscape has had its fair share of developments, looking at the latest crypto news in Kenya, South Africa, and Nigeria. Let\u2019s look at a few that stood out:\u00a0<\/span><\/p>\n

Former Twitter CEO and billionaire entrepreneur Jack Dorsey will <\/span>attend<\/span><\/a> the third edition of the Africa Bitcoin Conference in Nairobi from December 9 to 11.\u00a0<\/span><\/p>\n

Kenya Crypto News: Jack Dorsey To Attend Bitcoin Africa Conference, Time To Regulate Crypto?<\/span><\/strong><\/h2>\n

Dorsey appreciates the conference\u2019s importance in spreading crypto awareness on the continent and returns after his appearance at the inaugural event in Accra, Ghana.\u00a0<\/span><\/p>\n

Jack has since become a crypto entrepreneur after leading Twitter for over a decade. Elon Musk now owns X, and Dorsey is using some of his free time to attend crypto-related events.\u00a0<\/span><\/p>\n

Meanwhile, analysts <\/span>argue<\/span><\/a> that Kenyan lawmakers should prioritize regulating crypto and allowing banks to serve crypto firms. <\/span><\/p>\n

If no action is taken and the country follows Nigeria\u2019s hostile laws, it could prove costly in the long term.<\/span><\/p>\n

<\/div>\n

This assessment considers the fast adoption rate and favorable laws, especially in the United States and Europe. With Donald Trump in power, crypto would thrive, leaving anti-crypto and neutral jurisdictions behind.\u00a0<\/span><\/p>\n

DISCOVER:\u00a0The Hottest Upcoming Binance Listings in 2024 Meme Coin Market<\/a><\/strong><\/p>\n

Nigeria Crypto News: Algorand Driving Blockchain Adoption<\/span><\/strong><\/h2>\n

The proof-of-stake blockchain platform, Algorand, has <\/span>identified<\/span><\/a> Taraba State in Nigeria as a potential area to boost adoption rates.\u00a0\u00a0<\/span><\/p>\n

Algorand has partnered with the state government to introduce events such as hackathons and training to boost regional blockchain awareness.\u00a0<\/span><\/p>\n

The platform identified this state because of its relatively low financial infrastructure and connection to global financial systems.\u00a0<\/span><\/p>\n

Algorand seeks to provide sustainable solutions to blockchain developers and users. <\/span><\/p>\n

The region\u2019s large youth population is also an excellent resource for achieving this target.<\/span><\/p>\n

DON\u2019T MISS:\u00a0The Next Cryptocurrency to Explode in 2024<\/a><\/strong><\/p>\n

South Africa Crypto News: Is The Infamous Crypto Queen Hiding In Cape Town?<\/span><\/strong><\/h2>\n

Infamous crypto swindler Ruja Ignatova is <\/span>reportedly<\/span><\/a> hiding in South Africa.\u00a0<\/span><\/p>\n

German publication Der Spiegel alleges that she lives in an affluent neighborhood in Cape Town, far away from the European countries where she pulled her Onecoin scam in 2018.\u00a0<\/span><\/p>\n

Ignatova is one of the most infamous names in crypto history. She was the face of a scam that promised heaven to crypto investors but ended up being a front for fraud.\u00a0<\/span><\/p>\n

<\/div>\n

Crypto scams and fraudulent ICOs damaged the sector heavily around 2018, but the industry has shaken off this dark chapter with more robust fundraising structures in place today.\u00a0<\/span><\/p>\n

This investigation is when Valr, a crypto exchange in the country, <\/span>said<\/span><\/a> it now serves more than one million users. Over the last 1o months, they added over 500,000 users. Roughly 25% of its clients are outside South Africa.\u00a0<\/span><\/p>\n

EXPLORE: Africa Crypto Week in Review: Kenya Collects $77.5 Million in Crypto Revenue, Nigeria Resilient As Uganda Pushes For Innovation<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

The post Africa Crypto Week in Review: Ex-Twitter CEO To Attend Bitcoin Conference in Nairobi, Algorand Driving Crypto Adoption In Nigeria As VALR Breaks 1 Million Client Mark<\/a> appeared first on <\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

In this week\u2019s Africa crypto review, Jack Dorsey is heading to a Kenya crypto conference. South Africa could be the OneCoin Crypto Queen\u2019s hideout, and Algorand is making big moves in Nigeria; discover this and more from crypto Africa. Crypto markets are on a roll, with Bitcoin smashing all-time highs in the past week. The […]<\/p>\n","protected":false},"author":0,"featured_media":20998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20997"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20997"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20997\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20998"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}