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Risks and Growth of Cryptocurrencies in AfricaPrivate cryptocurrencies have commonly been used for speculative purposes Sub-Saharan Africa: Cryptocurrency and CBDC, Source: IMF staff. Tech-savvy Ghanans, Nigerians, and South Africans are leading the crypto movement, adopting Bitcoin, stablecoins, and other cryptocurrencies to. Cryptocurrencies have become popular in African and other developing countries. That's according to a policy brief released recently by.
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