Africa Bullish on Crypto?
Africa bullish on Bitcoin and cryptocurrency? It would seem so according to a recent report by Arcane Research
Report: Africa Is Bullish on Crypto Despite Infrastructure and Regulatory Hurdles
“A new report published by Arcane Research shows that African countries have some of the highest cryptocurrency ownership rates worldwide.
South Africa ranked third throughout the world with 13% of its internet users owning or using cryptocurrencies. Nigeria took the fifth spot with 11% of internet users owning cryptocurrencies. The worldwide average for the same stands at 7%.
Indeed, as Cointelegraph recently reported, Bitcoin (BTC) trading volume in Sub-Saharan Africa broke past records posted at the heights of 2017’s rally.”