Africa / 12:02 am

Binance Signs Up 40,000 Crypto Traders in Its First Week in Uganda

Despite global market doldrums, demand for cryptocurrency appears to be booming across Uganda, a country where nearly three out of four people don’t have bank accounts. Revealed exclusively to CoinDesk, Binance Uganda signed up 40,000 users in the first week since the world’s largest crypto exchange launched its local subsidiary in October. The early results […]

Africa / 11:44 pm

World’s Largest Crypto Exchange Binance Looking to Add New Stablecoins

Binance, the world’s largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT). “We hope to be able to list a few more stablecoins on our platform,” chief financial officer Wei Zhou told CoinDesk Thursday. But that […]

Africa / 1:30 pm

UN Food Program to Expand Blockchain Testing to African Supply Chain

The United Nations World Food Programme (WFP) is expanding its blockchain testing from refugee aid in the Middle East to supply chain management in Africa. Following the agency’s well-publicized pilot of an ethereum-based system for cash transfers in Jordanian refugee camps – a project known as Building Blocks – it now plans to test blockchain […]

Africa / 6:30 am

Even If It Fails: Why Dash Could Have a Lasting Impact on Crypto Adoption

It’s easy to see why Zimbabwean entrepreneur James Saruchera wants to use cryptocurrency to circumnavigate inflation. As a university student in South Africa, Saruchera dropped classes and worked multiple jobs when inflation in his homeland made it impossible to remit school fees. His parents later lost their savings and pension investments after another bout of […]