{"id":8962,"date":"2023-10-05T13:54:47","date_gmt":"2023-10-05T13:54:47","guid":{"rendered":"https:\/\/azafinance.com\/?p=8962"},"modified":"2024-07-12T14:00:08","modified_gmt":"2024-07-12T14:00:08","slug":"forbes-is-the-data-accurate-about-crypto-adoption-in-africa","status":"publish","type":"post","link":"https:\/\/azafinance.com\/forbes-is-the-data-accurate-about-crypto-adoption-in-africa\/","title":{"rendered":"Forbes: Is The Data Accurate About Crypto Adoption In Africa?","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p><span data-sheets-root=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Elizabeth Rossiello discusses the current state of cryptocurrency adoption in Africa, questioning the accuracy of data often cited in support of its potential. Despite high awareness of digital currencies in Nigeria and South Africa, full-scale crypto adoption has not occurred. Rossiello argues that while fintech has rapidly grown, integrating cryptocurrencies into the fintech ecosystem has been slow due to regulatory challenges. She highlights that successful mobile money adoption was driven by supportive regulatory environments, which are also crucial for crypto. Rossiello envisions digital currencies becoming a part of a diverse African fintech landscape, facilitated by improved regulatory frameworks. Read it here. &quot;}\" data-sheets-userformat=\"{&quot;2&quot;:1053441,&quot;3&quot;:{&quot;1&quot;:0},&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Outfit&quot;,&quot;23&quot;:1}\" data-sheets-textstyleruns=\"{&quot;1&quot;:0}\uee10{&quot;1&quot;:722,&quot;2&quot;:{&quot;2&quot;:{&quot;1&quot;:2,&quot;2&quot;:1136076},&quot;9&quot;:1}}\uee10{&quot;1&quot;:726}\" data-sheets-hyperlinkruns=\"{&quot;1&quot;:722,&quot;2&quot;:&quot;https:\/\/www.forbes.com\/sites\/elizabethrossiello\/2023\/10\/05\/is-the-data-accurate-about-crypto-adoption-in-africa\/?sh=137478a24a54&quot;}\uee10{&quot;1&quot;:726}\">Elizabeth Rossiello discusses the current state of cryptocurrency adoption in Africa, questioning the accuracy of data often cited in support of its potential. Despite high awareness of digital currencies in Nigeria and South Africa, full-scale crypto adoption has not occurred. Rossiello argues that while fintech has rapidly grown, integrating cryptocurrencies into the fintech ecosystem has been slow due to regulatory challenges. She highlights that successful mobile money adoption was driven by supportive regulatory environments, which are also crucial for crypto. Rossiello envisions digital currencies becoming a part of a diverse African fintech landscape, facilitated by improved regulatory frameworks. Read it <a class=\"in-cell-link\" href=\"https:\/\/www.forbes.com\/sites\/elizabethrossiello\/2023\/10\/05\/is-the-data-accurate-about-crypto-adoption-in-africa\/?sh=137478a24a54\" target=\"_blank\" rel=\"noopener\">here<\/a>. <\/span><\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Elizabeth Rossiello discusses the current state of cryptocurrency adoption in Africa, questioning the accuracy of data often cited in support of its potential. Despite high awareness of digital currencies in Nigeria and South Africa, full-scale crypto adoption has not occurred. Rossiello argues that while fintech has rapidly grown, integrating cryptocurrencies into the fintech ecosystem has [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":5,"featured_media":8964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[569],"tags":[586,885,887,530,889,595,347,840,244,199,886,200,888],"class_list":["post-8962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aza-news","tag-blockchain","tag-crypto-adoption-in-africa","tag-cryptocurrency-regulation","tag-digital-currencies","tag-economic-diversity","tag-financial-services","tag-fintech","tag-fintech-ecosystem","tag-mobile-money","tag-nigeria","tag-regulatory-environment","tag-south-africa","tag-web3"],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/8962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/comments?post=8962"}],"version-history":[{"count":0,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/8962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media\/8964"}],"wp:attachment":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media?parent=8962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/categories?post=8962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/tags?post=8962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}