Economics According to multiple reports this week the decentralized currency bitcoin is still booming in many African countries. From South Africa to the Sub-Saharan region, citizens from all walks of life are finding bitcoin beneficial. This is making domestic cryptocurrency exchanges and peer-to-peer trading platforms’ volumes climb while digital currencies are also selling at a premium. Also Read: Bitmari Becomes First
Economy & Regulation Due to a declining economy and eroding national currencies, the East African Community (EAC), an intergovernmental central bank organization composed of six countries in eastern Africa have plans to adopt a unified currency. However, the growing popularity of bitcoin and other digital currencies are hindering the East African central bank’s abilities to establish a harmonized EAC currency.
News One of the greatest things about having true wealth is offering a helping hand to those less fortunate. A new venture, Pineapple Fund, is showing the luckiest members of the bitcoin community how can this be done best. Also Read: Paxful to Help Fund 100 Schools in Africa #BuiltWithBitcoin Pineapple Seeds Pine, the anonymous bitcoin whale behind the $86