Cryptocurrencies Are Here To Stay But It's Time To Regulate Them

The global crypto market and its growing market potential. The continent has been experiencing a surge in demand for digital currency since last year, with many companies launching crypto-related products and services.

In recent years, Africa has become a hotbed for cryptocurrency innovation, with major players like Google, Facebook and Microsoft aiming to be at the forefront of cryptocurrency innovation. In fact, African nations have set themselves up to benefit from this new revolution in finance.

The problem that African governments face is that they do not have the necessary regulatory framework to handle this growing industry. This lack of regulation makes it difficult for entrepreneurs to develop and deploy new products within their countries. It also gives rise to an environment where fraudsters can take advantage of loopholes and make profits at the expense of investors.