Chris Maurice, founder and CEO of African cryptocurrency exchange Yellow Card, said in an interview that cryptocurrencies in Africa are growing at the speed of light. Because it freed many Africans from the failings of the traditional financial system and transacted more freely. Cryptocurrency solves the realities of banking and currency on the continent, it is not the casino that the West sometimes feels it is.
The most common use cases in Africa are making international payments, sending money to friends and family, and saving money against inflation, Maurice said. Cryptocurrencies in Africa are closer to the technology's original mission than anywhere else in the world.
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