Sovereign Frontier

Sats & Gwei | Bitcoin mining brings more than money to Malawi | South Africa adds new crypto standard to advertising code | Blockchain to rebuild African financial system | and more

Welcome to another episode of Africa’s Crypto Rollup - Sats & Gwei. like we always do weekly, in this episode we bring you the latest and most relevant crypto news and updates across Africa. 
Bullish sentiment is gradually returning to the market as we have seen greens across board in the course of the week. 
Crypto continues to take center stage in some African countries as the South African Advertising Regulatory Board is adding a clause to its advertising regulatory code specific to cryptocurrency. The aim is to ensure that individuals and organizations publishing cryptocurrency ads follow ethical advertising principles and not provide misleading information to the public. The code requires adverts to clearly state that investments can result in loss of capital and provide well-rounded information about the advertised cryptocurrency token or service. 
The African financial system has evolved over the years to include innovative financial instruments and products including loans and credit facilities, overdrafts, mobile money and fintechs - all of which have to some extent aided in bridging the financial divide and promoting inclusion. Blockchain technology offers a next step into the future of the African financial system. 
Besides offering the advantages of instant settlements in terms of sending and receiving money, improved  efficiency due to the use of immutable smart contracts, increased accountability, improved security and reduced transaction costs, blockchain technology holds the promise of allowing people maximum control over their money. 
Meanwhile more families are connected to the grid thanks to a Bitcoin mining project in a rural part of Malawi, which also gives an underdeveloped area economic empowerment. According to a tweet from the project's sponsor, Gridless, 1600 families are now connected to this isolated hydro minigrid in the mountains of southern Malawi. The project is set to transform the educational, healthcare, business and wealth fortunes of the people in the region while minimising the footprint of its environmental impact to the bare minimum.
This and many more in this week’s rollup. 
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If you enjoyed this episode, please leave us a rating/review.
Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
 
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
 
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Tether/USDT | Financial Inclusion for all w/ Paolo Ardoino

This episode features Paolo Ardoino, Chief Technology Officer at Tether//USDT. He is passionate about Hardware, networks, financial applications, and cryptography and how Africans are actively contributing their quota in making this a reality. Tether aims to leverage blockchain technology to improve the financial sector
Paolo is a huge advocate of privacy, being in control of your money and wealth. Privacy is a human right that everyone should be entitled to and there should be a clear line to underpin that privacy as a human right.
He also talks about removing the power from tech giants who own data centers and situating them in specific geographic areas and giving way to Peer-to-Peer data transactions which is widely distributed.
He went further to elaborate on the need for Cryptocurrency companies to publicly display their assets and reserves and where they are invested to increase the trust and robustness of the crypto ecosystem. 
His vision is to advance the world by providing open-source technology that everyone can use and leverage to provide financial inclusion.
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
The bankless Africa show highlights projects, ecosystems and people making impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
 
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Connect with Guest
Twitter  Paolo Ardoino 🍐 (@paoloardoino) / Twitter
 
Website https://www.bitfinex.com/
 

Sats & Gwei | Carry1st raises $27million | CAR works on a crypto adoption legal framework | Virunga National Park is mining bitcoin to preserve revenue | And More

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
Gaming Platform Raised $27 million in funding  !⚖️
The mobile game publisher Carry1st raised 27 million U.S. dollars in a funding round led by Bitkraft Ventures, with participation from other four companies with the aim to provide a full stack solution for monetizing and managing mobile games on the African continent 
Crypto Adoption Legal Framework in CAR📏
Central African Republic is working on a crypto adoption legal framework. A 15-member team has been put together with the sole intention of working on a  legal framework that will allow for the operation of crypto within the Central African Republic. According to President Faustina Wadera, Crypto has the potential to eradicate the country's financial barriers.
National Park Turned into Bitcoin Minning Centre🦥
The Virunga National Park in the Democratic Republic of Congo is using Bitcoin mining to monetize its abundant natural resources and preserve its existence. The park, which is Africa's oldest protected space, has faced increasing pressure from local militia groups and the COVID-19 pandemic, which led to an extended closure of the park to tourists, unfortunately, lost 40% of its revenue.
South African Women Get Free Web3 Training!
Binance Charity, which is the philanthropic branch of Binance, plans to partner with women in tech to offer Web 3 vocational training for about two thousand women in rural communities, specifically in South Africa and Brazil. The training will focus on blockchain education and understanding core concepts in cryptocurrency.
++  More🎉💯
Burger King and Pepsi collaborate with renowned artist African Ginger to spot NFT campaign. They are teaming up for a nationwide campaign in South Africa.
Thank you for tuning in.🎉💯
If you enjoyed this episode, please leave us a rating/review.
Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
Follow our Twitter https://twitter.com/Bankless_Africa
Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
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Learn more about crypto and web 3 on our website https://banklessafrica.com/

Kotani Pay | Crypto Infrastructure in Africa w/ Felix Macharia

This episode features Felix Macharia, CEO and Co-founder at Kotani Pay. He is interested and excited about revolutionary technologies including AI, VR, Robotics, and Blockchain, and their impact on Africa. KotaniPay aims to provide Africa's most reliable blockchain off-ramp service through API integration, lower fees, and KYC compliance. 
Felix speaks about blockchain technology and its benefits to Africans. Because it's open and permissionless, no need for any permissions to use stable coins or Bitcoin, and because of that it removes the center of power and no one can stop a transaction. Transactions can be made across the globe at any point in time without any unnecessary fees.
He also talks about how it takes  a lot of time to understand customers  which really accelerates how solutions to problems are solved quickly and because of that there has been lots of growth year on year at KotaniPay
His vision for Africa is to accelerate the adoption of blockchain by everyday Africans from farmers to medical doctors. 
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
The bankless Africa show highlights projects, ecosystems and people making impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
*Follow our Twitter https://twitter.com/Bankless_Africa
 Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjo*Follow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233*Join us on telegram https://t.me/banklessafrica
Subscribe to our newsletter https://banklessafrica.substack.com/
*Learn more about crypto and web 3 on our website https://banklessafrica.com/
Connect with Guest
Twitter Felix Macharia (@felixmacharia_) / Twitter
Website Africa's most reliable off-ramp APIs (kotanipay.com)

Sats & Gwei | Nigeria to Create Stablecoins Legal Framework | Old Phones to Receive/Send Bitcoin | New Payment feature launched by Yellow Card | And More 💯

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
Bitcoin Lightning Node in Nigeria!⚖️
The Nigeria innovator Megasley has launched the first active Bitcoin Lightning node in the country. The Bitcoin Lightning network has served as a foundational basis for a group of exciting projects that have emerged from the Bitcoin community. The purpose of the Bitcoin lightning node will better position the African continent to benefit from the myriad of layer two payment platforms or networks that are built atop the Bitcoin network with faster transaction speeds
New Payment feature launched by Yellow Card 📏
African currency crypto exchange yellow card has introduced a new payment option called Yellow Pay that enables users to rapidly and cost-free send and receive money using the yellow card crypto exchange platform with only a few taps on their phones.
Nigeria to Create Stablecoins Legal Framework!🦥
Nigeria is set to create a legal framework for stablecoins and ICOs. Nigeria is on its way to finalizing the legal framework which will serve as a legal umbrella for stablecoins and ICOs. The Central Bank of Nigeria has cited the need for this framework in its latest strategy paper recognizing the fact that stablecoins have the potential to be a likely means of exchange in the future. 
Old Phones to Receive/Send Bitcoin!
Machankura Bitcoin wallet targets Africans with old-school phones and no Internet. The goal of a truly decentralized financial economy is to allow people to have unfettered access to their assets regardless of their phone limitations. 
++  More🎉💯
Ghanaian payments startup Pay Box believes Africa can leapfrog into Defi. The most significant problem that besets the African financial system is the difficulty of completing cross-border payments or finding efficient middlemen to facilitate the process. And this has been a problem for a really, really long time… 
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
Follow our Twitter https://twitter.com/Bankless_Africa
Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
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Learn more about crypto and web 3 on our website https://banklessafrica.com/

Unstoppable Domains | Own Your Digital Identity w/ Goerge Mosomi

This episode features George Mosomi, Head of Unstoppable Domains Africa. He is passionate about the ability of Africans to take advantage of information technology and own their digital identity. Unstoppable domains aim to make sure that every individual on the African content and Worldwide claims their digital Identity  
George talks about how Africans now have the chance to leapfrog technology in terms of using Web3 as a service and having more accountability, having more ownership of data and that's where unstoppable domains come into play. 
His vision for the continent is to make sure that in the next couple of years, all users on the continent will have the ability to control their data as they see fit. They will have the ability to give and restrict data about themselves
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
The bankless Africa show highlights projects, ecosystems and people making impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research. 
 
Follow our Twitter https://twitter.com/Bankless_Africa
 Follow us on instagram https://tinyurl.com/3v36579b Follow us on linkedIn      https://tinyurl.com/mrxkdzc6 
Join us on telegram https://t.me/banklessafrica
Subscribe to our newsletter https://banklessafrica.substack.com/
Learn more about crypto and web 3 on our website https://banklessafrica.com/
Connect with Guest
Twitter GeorgeMosomi.nft (@GMosomi) / Twitter
unstoppable Domain : www.unstoppabledomains.com

Sats & Gwei | Morroco & Crypto Laws | Binance adoption uponly | Akon, acoin & the city | + more 💯💯

Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa!
Binance is foreseeing Crypto adoption Increase !⚖️
Binance is foreseeing a massive jump in adoption rates across Africa and in sounding off last year, Binance held an end-of-year party in December of 2022 in Lagos, where the CEO  said that the organization had experienced massive growth over the course of the past year. 
Morocco has now finalized Crypto Laws 📏
Morocco finalizes crypto laws and frameworks with the World Bank and IMF suggestions. The Central Bank says the nation of Morocco has for a while now been on the path of crypto adoption and that it will be introducing a new set of laws that will govern the activities of the cryptocurrency sector. 
Akon accelerates plans to build his crypto city!🦥
Despite the problems he has been incurring, celebrity African musician Akon has announced that he would be going forward with plans to build the crypto part city in Senegal. The place will be named Akon City and will be powered by the native token, AKOIN  
Bank of Ghana promotes innovation!
The Bank of Ghana is launching a series of regulatory reforms that will transform the financial services sector of Ghana. It already has a Fintech Innovation Office in place that oversees the activities of Fintechs and ensures compliance with financial regulatory laws 
++  More🎉💯
Roku gets a European Union virtual currency license. Roku currency exchange was recently granted this license, given it permission to legally carry out its operations in 28 European countries. Roku is one of the few digital asset exchange platforms from Africa to establish a foothold in Europe.
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the in
dividuals that make this show possible. Remember to always do your own research. 
Follow our Twitter https://twitter.com/Bankless_Africa
Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
Subscribe to our newsletter https://banklessafrica.substack.com/
Learn more about crypto and web 3 on our website https://banklessafrica.com/

Sats & Gwei | Africa rules the P-to-P crypto realm | Crypto is on the radar of Nigerian lawmakers| Sango coin delayed | Web3 Gaming to Africa | + More💯

2023 is here! 🎉
Happy new year🥂🥂
But, it won’t be a great transition if we don’t nourish you with all the interesting crypto news that happened in the last 2 weeks of 2022. So here you go. Enjoy listening😉🤩
Bankless Africa presents Sats & Gwei, a podcast for your weekly crypto news update from all around Africa
 
Crypto is on the radar of Nigerian lawmakers!⚖️
The Chairman of the House of Representatives Committee on Capital Markets and Institutions in Nigeria has announced that the chamber will soon pass an amendment to the Investments and Securities Act, 2007 Bill, which will allow for the official recognition of crypto and other digital assets by the Securities Exchange Commission (SEC). Previously, the Central Bank of Nigeria had mandated that banks and other financial institutions close all accounts belonging to entities operating crypto exchanges, stating that dealing with crypto and facilitating payments through it was illegal
Africa rules the P-to-P crypto realm📏
 Africa has become the largest bitcoin peer-to-peer trader in terms of volume, surpassing North America, with over $18 million in local bitcoin trades. Nigeria ranks first in Africa and 11th globally in terms of cryptocurrency adoption. 
Sango coin delayed!🦥
The Central African Republic has also launched its own cryptocurrency project, called "Sango," though its initial public offering had a low turnout and plans to list the token on crypto exchanges have been delayed until 2023
Web3 Gaming to Africa!🕹️🎮
 African blockchain gaming startup Gamic is collaborating with Polygon to increase accessibility and benefits of web3 gaming for those in Africa and beyond
++  More🎉💯
A recent study estimates that there are at least 55.3 million cryptocurrency holders in Africa, with Nigeria, Kenya, and South Africa home to the majority. Bitcoin has had its second worst yearly performance since 2011, ending the year down by 65%.
Thank you for tuning in.
If you enjoyed this episode, please leave us a rating/review.
Sats & Gwei is a Bankless Africa podcast that brings you weekly crypto/web3 headlines about the Africa continent. Stay up to date with the most relevant crypto happenings across Africa.
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research.
Follow our Twitter https://twitter.com/Bankless_Africa
Follow us on instagram https://www.instagram.com/invites/contact/?i=4zmo4lqcj8rr&utm_content=n74dwjoFollow us on linkedIn https://www.linkedin.com/in/bankless-africa-799178233Join us on telegram https://t.me/banklessafrica
Subscribe to our newsletter https://banklessafrica.substack.com/
Learn more about crypto and web 3 on our website https://banklessafrica.com/