Cryptocurrencies: Expanding Horizons in Bearish Month

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With banks in Europe, America and Asia doing “everything to crush cryptocurrencies,” Binance CEO CZ says Africa can become a leader in their implementation.

Binance is considering the possibility of opening a new office in Uganda, company CEO Changpeng Zhao revealed at The Africa Blockchain Conference 2018.

With the help of companies like Binance, “Uganda will be able to join the 4th Industrial Revolution, subsequently a lot of new jobs will open and the flow of investment into the country will increase,” Zhao said. “Watching this conference I was very impressed by the enthusiasm of Africans to introduce cryptocurrency and blockchain technology. It was surprising to see that cryptocurrencies enjoy not only an increased interest from the people, but also the active support of many representatives of African banks and government officials,” he stated.

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