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.
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.
Facebook's Libra has inevitably been compared to popular cryptocurrencies like bitcoin. However, many experts question whether Libra can even be called a cryptocurrency.
Billionaire Mark Cuban calls Facebook’s digital coin Libra a ‘big mistake,’ saying it ‘could be dangerous’
Billionaire tech entrepreneur Mark Cuban criticized Facebook’s venture into cryptocurrency in a new CNBC interview.
Facebook is unveiling an ambitious plan to create a new digital currency and financial system to transform the way money moves around the world, and not just on its own apps.
The entire market shed about $10 billion in value in the space of an hour.
Bitcoin will bounce back despite volatile markets – Expert
The onus is on taxpayers to declare all cryptocurrency-related taxable income in the tax year in which it is received or accrued. Failure to do so could result in interest and penalties.
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