Cryptocurrencies

Africa Remains Optimistic About Crypto Despite Infrastructure and Regulatory Challenges

A recent report from Arcane Research reveals that African nations boast some of the highest rates of cryptocurrency ownership globally.

In this study, South Africa positioned itself third in the world, with 13% of internet users owning or utilizing cryptocurrencies. Nigeria followed closely in fifth place, with 11% of its internet users engaged in cryptocurrency activities. In comparison, the global average stands at 7%.

Despite facing challenges related to infrastructure and regulation, interest in cryptocurrency continues to grow across the continent.

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