Retail-focused cryptocurrency exchange Luno, says the legality of Bitcoin and other crypto-assets varies significantly across Africa as over 60 per cent of African governments are yet to clarify their position. They also describe Africa as one of the most promising regions for the adoption of cryptocurrencies. Luno’s General Manager for Africa, Marius Reitz joins CNBC Africa’s Esther Awoniyi to discuss the state of crypto regulation on the continent.
This morning, the world woke up to news that Twitter accounts of US prominent figures were targeted by Hackers, in a Bitcoin scam. The incident paints a very worrying picture concerning social media security. Joining CNBC Africa to discuss these security breaches in the technological space is Raj Wanniappa, CEO of Future Horizon Technologies.
Has the coronavirus pandemic giving cryptocurrencies an opportunity to make that big acceptance leap? Or is it a wasted opportunity? CNBC Africa spoke to the Country Manager of Spenn and President Rwanda Block Chain Association, Norbert Haguma for more.
On a single day this week the value of the entire cryptocurrency market fell over $26 billion. That day was on Monday. The sell-off followed a plummet in oil prices. Today they are down again. To find out what gives and to discuss the hidden opportunities in decentralised financing, CNBC Africa is joined by Richard de Souza, CEO of AltCoin Trader.
Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours.
Bitcoin has fallen by over 17 per cent since the beginning of September. Joining CNBC Africa to unpack what's behind its current weakness is Marius Reitz, Luno's General Manager for Africa.