Trading stocks on the blockchain

·
June 14, 2022
·
1 min read
regulation

Hardly a day goes by without a story on cryptocurrencies or the blockchain. This time, the Nigerian Stock Exchange plans to adopt blockchain technology to settle transactions. 

Temi Popoola, CEO of the Nigerian Exchange, believes that this development will encourage more young people who are major adopters of cryptocurrencies to use the NSE. 

However, Oluwanifemi and I argued that the technology used for settlement is not responsible for the low patronage among the younger audience. Instead, a high barrier to entry and low returns for investors means few people are eager to invest in companies listed on the NGX.

Following that, we discussed Kenya’s plan to regulate “tech practitioners” in the country following a bill passed by the parliament. The bill, which remains vague on who qualifies as a tech practitioner, wants to license and register everyone who works in the country’s growing tech sector. 

These subjects were all discussed by the Techpoint Africa editorial team, and you can get the podcast on all podcast platforms, including Spotify, Google Podcasts, and Apple Podcasts. You can also share on your social media platforms using the hashtag #TechpointAfricaPodcast or send us feedback at podcast@techpoint.africa.


Got a tip? Our journalists are ready to dig deeper. Please share your insights and information and help us uncover the stories that matter.

Accidental writer, covering Africa's startup landscape and its heroes. Find me on Twitter @chigo_nwokoma.
Accidental writer, covering Africa's startup landscape and its heroes. Find me on Twitter @chigo_nwokoma.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

Accidental writer, covering Africa's startup landscape and its heroes. Find me on Twitter @chigo_nwokoma.

Other Stories

43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier