Crypto Fest 2024 to Highlight Bitcoin, Stablecoin Payments, and Regulatory Advances Across Africa
– On 11 October 2024, the DHL Stadium will host Crypto Fest 2024, one of the most anticipated South African Web3 events of the year. This event will highlight Bitcoin adoptionDon’t miss out on this exciting event, tickets are selling out fast! Browse the ticket options below and reserve your spot online through Quicket:
As financial inclusion remains a significant challenge across the African continent, Bitcoin presents a potential solution by offering greater accessibility and substantially lower transaction costs compared to traditional financial services. A key theme in this year’s discussions will focus on how Local organisations such as Bitcoin Ekasi in South Africa are playing a pivotal role in educating the underbanked and fostering financial inclusion, particularly in rural areas.
By maintaining a stable value, these digital assets are enabling seamless international payments, particularly in emerging markets where local currencies are often unstable. In addition to facilitating cross-border transactions, USD-pegged stablecoins provide a safe harbour for those looking to preserve their savings in hard currencies, offering protection against depreciation and inflation—a common concern in many African economies.
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