Cameroon hosts the very first cryptocurrency training hub in the CEMAC zone

Train young people on blockchain technology (database that includes information sent by users in blocks, thus forming a chain). This is the goal of the partnership signed between Binance, the world’s leading blockchain ecosystem and crypto-asset infrastructure provider, and Inoni Tech, the non-profit tech hub providing resources and training to young people across the world. French speaking Africa.

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The collaboration between the two parties focuses on the implementation of a “one-of-a-kind” crypto hub, which will be a training center for people education sessions on blockchain. Located in the Bastos district in Yaoundé, “The hub will create a smoother, safer, and more convenient experience for Binancers and crypto newbies in general, and with regular events taking place there, it will be the focal point for the community when it comes to blockchain education, latest crypto news and trainings »explains Binance.

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This center will allow Binance to provide crypto-asset enthusiasts with quality resources to thrive within the ecosystem and foster offline connections. “Through the Binance Crypto Hub, we see a more hands-on approach as an essential step in demystifying concepts, fostering a good understanding of the many opportunities that education, web3.0, and the blockchain ecosystem can bring to the Cameroon and, ultimately, to French-speaking Africa” said Carine Dikambi, Head of Francophone Africa at Binance. And as part of its activities, Binance has organized a series of Masterclass courses that have so far raised the awareness of more than 600,000 Africans about crypto-assets, some face-to-face, others virtually.

Read also: Binance Deploys Cryptocurrency Education Efforts in Cameroon

Through this initiative, Cameroon could be a hub of training on cryptocurrency in the CEMAC zone, although the adoption of this system by the Central African Republic is still under unprecedented tension within the Central African monetary union. . We also remember that the Central African Banking Commission had taken a first measure in mid-May 2022 against the process aimed at facilitating the circulation of bitcoins in this country. “It is prohibited for subject institutions and their technical partners in the context of payment services to exchange or convert, settle or cover in currency or FCFA, transactions relating to cryptocurrencies or having a link with them. this “can we read in the note of the institution.

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Cameroon hosts the very first cryptocurrency training hub in the CEMAC zone


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