Ghana Financial News

11.06 / 08:25

Blockchain Adoption Africa Bitcoin Blockchain for sustainable development: The case of Ghana

In modern times of rapid globalization and digitization, technological developments have now reached such proportions that the usage of cryptocurrencies is no new phenomenon. The technology behind blockchain opens the internet for financial services by replacing trust, a fundamental component of the financial system for centuries, with transparency integrated into a decentralized network. Thereby, blockchain bears the potential to help achieve the United Nations’ Sustainable Development Goals (SDG) by empowering the unbanked, predominantly women, reducing transaction fees as well as creating an alternative source of liquidity.

31.05 / 23:11

Adoption Binance Africa Binance to launch Africa crypto awareness tour as adoption ramps up

With a 1,200% increase in received crypto volume between 2020 and 2021, the accelerated adoption of digital assets in Africa has captured the attention of multiple companies and organizations looking to take part in this growing market.

20.05 / 13:37

education Lightning Network lightning Bitcoin bitcoin beach Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach

The orange pilling adventure in El Salvador continues. In a video that beggars belief, 44 central bankers and financial delegates from emerging markets around the world shout “Bitcoin!” while posing for a photo in El Zonte, El Salvador:

17.05 / 13:27

BTC Digital Strategy Bitcoin Bukele 44 Countries Converge in El Salvador to Discuss Bitcoin Roll Out, President Bukele Says

Forty-four nations are expected to meet in El Salvador to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele.

17.05 / 12:57

business Lightning Network lightning Bitcoin Bukele Bitcoin, Bukele and a bevy of central bankers meet in El Salvador

This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and Bitcoin (BTC).

16.05 / 11:29

Adoption Central Bank Bitcoin Bukele ‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele

Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).

13.04 / 15:47

regulation privacy Central Bank Central Banks Struggle With Privacy-related CBDC Headaches

As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust in using CBDCs, according to a recent paper released by the Bank for International Settlements (BIS).

12.04 / 23:51

Blockchain CBDC Adoption regulation inclusion Financial BIS releases study of CBDCs and their role in financial inclusion of the unbanked

The Bank for International Settlements, or BIS, released a paper Tuesday on central bank digital currencies, or CBDCs, and how they can be used to meet policy goals for financial inclusion. The paper drew on interviews conducted in the second half of last year at nine central banks that are currently exploring retail CBDCs. It looked at common goals across a range of economic development levels and challenges to inclusion.

18.03 / 04:27

business Blockchain Payments Supply Chain tracking Blockchain tracking sweetens the pay of Ghana's cocoa farmers

Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly.

11.11 / 12:35

Twitter FTX leads $150m Series C extension for Chipper Cash

Founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled, Chipper Cash is a mobile app that lets people transfer money across borders, fast and cheaply.Currently available in seven African countries - Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda - as well as the UK, the startup claims to have four million users.The firm is looking to expand to new countries and has recently introduced a crypto product and will soon let users invest in US

08.11 / 03:13

Twitter FTX leads $150m Series C extension for Chipper Cash

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