We found that there are only two countries that are favorable regarding block chains and virtual currencies in 36 African countries.
According to Eco Bank Transnational, which announced the results of this survey, there are many countries that are not favorable against block chain technology and cryptocurrency, although most of Africa’s countries are established as digital nations.
In addition, many countries take a non-positive attitude after understanding the difference between good and bad parts of cryptocurrency and block chain technology, and existing technology .
As for reasons that many African countries are not favorable, Eco Bank states “African countries are wary of the systematic confusion caused by the introduction of virtual currencies” .
Legal development concerning virtual currencies in African countries is rarely in place, and even though there are favorable countries (South Africa and Swaziland) in virtual currencies, their own regulations as a country are not in place.
Incidentally, as a result of the survey “MyBroadband 2018 Cryptocurrency Survey” conducted in May this year, more than 50% of South African citizens who have never had a cryptocurrency still have the result of considering purchasing a cryptocurrency It has come out.
Article Source: BitcoinExchangeGuide, Mybroadband
The law maintenance in African countries where the benefits of the cryptocurrency are most likely to be obtained is not in place at all. . .
Author: Yush [Coin Desk News] – Source Post: https://crypto-times.jp/africa-blockchain-crypto-dislike/
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