BitHub, founded in 2015 by Kenyan tech entrepreneur John Karanja, is an incubation hub for internet-based currencies. Developing regions and countries have long been expected to benefit the most from bitcoin, cryptocurrency and the underlying blockchain technology.

I am a journalist with significant experience covering technology, finance, economics, and business around the world.

Bitcoin interest in Ghana, Nigeria, and South Africa has been amongst the highest in the world over Meanwhile, a number of bitcoin and cryptocurrency developers and entrepreneurs are working on projects across Africa. In 2016, he already expressed the idea of a currency for the world wide web. "In emerging markets like Africa, the shallow reach of traditional money systems means there’s less resistance to new financial technology," Nate Hindman, head of growth at on-chain liquidity protocol Bancor, told crypto news website Major bitcoin and cryptocurrency companies, from global exchanges Binance, Belfrics and Paxful, to crypto group Bancor, are also expanding into Africa. Bitcoin enthusiast. Twitter CEO Jack Dorsey has revealed he is spending thousands of dollars a week on bitcoin in anticipation of a major turnaround for the cryptocurrency market. The executive has also come to wish that bitcoin was the internet's native currency. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Bitcoin advocate and Twitter CEO Jack Dorsey just had his application to launch Square Financial Services Inc. approved by the FDIC.

Jack Dorsey, Twitter and Square CEO, has rubbished the rumors of the launch of a platform-specific “Twitcoin” cryptocurrency, adding that he will instead invest in promoting Bitcoin (BTC). The bitcoin price, still half its all-time high, [Twitter's chief executive Jack Dorsey has previously declared his love of bitcoin but is trying to "For bitcoin to become a widely used global currency—one that can’t be stopped, tampered with, or rigged in anyone’s favor—improvements to bitcoin’s [user experience], security, privacy, and scaling are required," Square's cryptocurrency division wrote in "Square Crypto is focusing on Lightning," Dorsey added via Square Crypto, which was created last year by Dorsey to spearhead bitcoin and cryptocurrency development at the company, has said it's building a development kit for bitcoin's Lightning network, a way for smaller bitcoin payments to be sent more quickly and cheaply without clogging up the bitcoin blockchain. Bitcoin and cryptocurrency Now, Dorsey, the chief executive of both payments company Square and Twitter, has set his sights for the "future" of bitcoin and technology on Africa and its more than 1.2 billion people. The bitcoin … I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. According to a news report , Dorsey said that he is not looking to follow the example of Facebook’s Libra and release Twitter’s version of crypto. "Because we are a consolidated team of open-source developers, we are in a strong position to coordinate on major projects that individuals may not have the time or resources to tackle," Square Crypto added.Bitcoin's Lightning network has been praised by some as the potential saviour of bitcoin transactions—something that will allow the clunky and encumbered original blockchain-based cryptocurrency to compete with the likes of more nimble dash, litecoin, and Ripple's XRP.However, The bitcoin price has climbed over the last year but remains far from its all-time high of almost Research carried out by bitcoin and cryptocurrency exchange Bitmex this month Meanwhile, Dorsey's Square last week was awarded a U.S. patent for a network that enables crypto-to-fiat transactions in real-time.

Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.