Founder of Africa-Focused Media Firm Urges Continent's Governments to Embrace Crypto
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Founder of Africa-Focused Media Firm Urges Continent's Governments to Embrace Crypto

THELOGICALINDIAN - The architect of Africafocused media and advance aggregation Footprint to Africa Osita Oparaugo has apprenticed governments on the abstemious to embrace cryptocurrency

Africa Must Not Be Left Behind

Osita Oparaugo, architect of Footprint to Africa, has argued that a appropriate embrace of cryptocurrencies by African governments would be benign to the continent’s advance prospects. In his animadversion published by the Vanguard, Oparaugo, who was co-host of a Decentralized Finance (defi) accident in Nigeria, appropriate that African countries cannot allow to lag abaft back it comes to crypto.

After acquainted the appulse of cryptocurrencies and blockchain on all-around finance, Oparaugo explained why African governments charge get on lath quickly. He said:

To aback up his anticipation about the approaching of finance, Oparaugo acclimated Twitter’s contempo advertisement that it will accredit users to tip anniversary added in bitcoin as an example. The Footprint to Africa architect additionally fabricated advertence to comments fabricated in the accomplished by U.S. billionaire Mark Cuban. In those comments, Cuban bidding his acceptance that defi would affectation a claiming to acceptable banks.

Despite the advancement and pleas by crypto-supporting individuals like Oparaugo, African governments abide to avoid cryptocurrencies. The few countries that accept accepted blockchain accept instead called to actualize axial coffer agenda currencies.

Do you accede with Oparaugo’s anticipation about the approaching of finance? Tell us what you anticipate in the comments area below.

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