BREAKDOWN: What Are the Prospects for a Bitcoin Standard in Africa?

Plus more bitcoin institutional news and a FUD recap on this edition of the "Weekly Recap."

This episode is sponsored by Nexo.io and Bitstamp.

This week on "The Breakdown’s Weekly Recap" NLW covers:

  • More institutional bitcoin news, including a new Morgan Stanley fund from NYDIG and FS Investments and a Goldman Sachs trading partnership with Galaxy Digital 
  • A resurgence of “crypto is for criminals” FUD plus new China miner shutdowns in Sichuan 
  • The latest debates around El Salvador’s bitcoin law 
  • Rumblings of bitcoin in Nigeria, CFA countries and Ethiopia


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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

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Bitstamp is the world’s longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record and dedication to personal customer service with a human touch, Bitstamp’s fast, secure and reliable crypto investing platform is trusted by over four million people worldwide. To learn more, visit www.bitstamp.net.

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Image credit: tallchris/iStock/Getty Images Plus

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