Belgium’s Financial Services and Markets Authority (FSMA) has recently warned about fraudulent cryptocurrency trading platforms. The agency also published a list of 19 crypto platforms it “has received questions or complaints from consumers about and has established indications of fraud,” the agency wrote.
Technology developments will continue to revolutionise payment in both the real and virtual worlds across the globe. As always, though, local conditions will dictate exactly how (and if) global trends affect local markets. African economies, with their quite distinct characteristics, are likely to present some atypical developments—and, if the past is any guide, some innovative lateral thinking.
On Saturday, the 20th of January 2017 a meetup was organised by Tomorrow Breed and sponsored by Impact Hub Accra to discuss and be educated on the topic of Bitcoin, what it is, how to get it and what it’s future could mean for the business and the world as a whole.The meetup was led by Damien L. DuChamp (Hospitality and Tourism Lecturer at St. Joseph College, New York) and Klenam Fiadzoe (COO of Sika).