Category: <span>Crypto Currencies</span>

Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular. The Central Bank of Nigeria (CBN) in February 2021 barred banks and financial institutions from dealing in or facilitating transactions in crypto assets, citing money...

South African crypto asset investment platform, Revix, has team up with Austria’s Coinpanion and fellow South African crypto investment platform BitFund, to form alternative investment platform called Altify. “Altify aims to empower people to grow their wealth outside of the stock market through a diverse range of alternative investment opportunities that were once reserved for...

In an era where financial empowerment is paramount, Africa is witnessing a remarkable surge in the adoption of stablecoins, poised to reshape the continent’s economic landscape. Cryptocurrency, once a buzzword, has now evolved into an indispensable force for financial innovation and inclusion. Among these digital currencies, stablecoins have emerged as a beacon of stability and...

The International Cricket Council (ICC) has named the Near Foundation as its official blockchain partner until the end of 2025, promising to use Web 3.0 technology to deepen fan engagement and grow the game through new digital experiences. The first product of the partnership will be a pre-match strategy challenge on the current men’s Cricket World Cup...

Discord announced that Gas app, compliments-based social media app will come to an end. The company believes they have achieved their main objectives, which was the talent acquisition. The move comes after the company acquired the app for an undisclosed sum in January. According to the company, the compliments-based social media app will officially shut...

Katie Haun, former executive at Andreessen Horowitz believes now is the opportune time to invest in crypto markets. Haun was speaking at this year’s TechCrunch Disrupt. Two years ago she left Andreessen Horowitz to start Haun Ventures and raised two crypto funds totalling $1.5 billion before the crypto market collapse.  “I think there’s a perception...

Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email on Thursday. The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange. Mastercard’s website also lists partnerships with...

PayPal’s (PYPL.O) stablecoin is likely to succeed where Facebook’s failed, thanks to the payment giant’s standing in Washington and policymakers’ greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a...

Here’s the edited transcript of our editor Rethabile Mohlala and Lorien Gamaroff, Founder and CEO of Cent Bee’s recent interview about Centbee, Digital Cash wallet and payment platform which is changing the game in mobile payments. The company is owned by Centbee Holdings, is a digital payments company established in 2016 with an ecosystem built...

Yellow Card, a leading pan-African fintech and cryptocurrency exchange, and Tether, the world’s largest stablecoin provider, are pleased to announce the successful completion of Phase 1 of their strategic collaboration across three key African markets. The two-month collaboration focused on raising awareness, providing education and driving adoption of USD₮, Tether’s stablecoin, among students and young...