Tag Archives: ATMs

From Remittance to Startups, How Bitcoin Is Used in Africa

30 Apr

With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices. In an email last year, Werner van Rooyen from Bitx, one of Africa’s biggest Bitcoin exchange firms, wrote that Africa has been waiting for something like Bitcoin for a long time.

Why? He said the continent of over a billion people has been underserved by financial institutions for such a long time. Continue reading

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