Ripple is looking to establish itself outside U.S, seeking approval in Ireland. MSF Africa has agreed to use Ripple’s on-demand liquidity (ODL) crypto solution. On November 14th, American technology f...
Tag: Africa
The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era
African e-commerce company Jumia reported $50.5 million in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while ac...
Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa – Fintech Bitcoin News
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” T...
LBank Labs Establishes Blockchain and Crypto Investment Fund in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of r...
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of ...
Zimbabwean Central Bank Launches CBDC Consumer Survey – Africa Bitcoin News
The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the...
A Parade Of Climate Hypocrisy
Every year, global climate summits feature a parade of hypocrisy, as the world’s elite arrive on private jets to lecture humanity on cutting carbon emissions. The current UN climate summit in Egypt of...
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low – Africa Bitcoin News
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An econom...
DECARD and Africa Investor Announce Partnership at COP27
COPENHAGEN, Denmark–(BUSINESS WIRE)–Current finance flows are insufficient to achieve a net-zero emission and resilient economy by 2050 (UNFCCC, 2021). DECARD and Africa Investor partner up to mobilis...
16th Edition BFSI IT Summit South Africa
After successful 15 editions of BFSI IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to latest insights in “Future Proofing B...
How crypto will change banking in Africa
The Cost of Being Unbanked Estimates for the world’s unbanked population vary between 1.7 billion and 2.2 billion. Not having access to banking and financial services has serious and long-term implica...
The Pick & Pay grocery chain in South Africa plans to accept Bitcoin in all of its locations nationwide
Join Our Telegram channel to stay up to date on breaking news coverage One of the biggest grocery chains in South Africa, Pick n Pay, plans to let customers use Bitcoin to pay for goods across all of ...
Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC – Africa Bitcoin News
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of Zimbabwe, Innocent Matshe recently said his institution will proceed ...
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets – Coinotizia
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Light...
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets – Africa Bitcoin News
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Light...
Kenya’s Samburu People Fight For Survival On The Front Lines Of Climate Change
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has advised that at least 4.2 million people in Kenya’s Arid and Semi-Arid Lands (ASAL) urgently need humanitarian assista...
Coinbase Ventures, Mara Launches Crypto Wallet Service in Africa
A new-comer crypto wallet is set to be onboarded across Africa. The crypto wallet will be backed by global firms like Coinbase Ventures, Alameda Research, Huobi. Coinbase backed Mara is ready to launc...
Coinbase Backed Mara Set To Introduce Crypto Wallet Service Across Africa
Many continents make impressive progress in the crypto space, and Africa is not left out. Many people and even businesses from Africa have plunged into crypto sphere. Gradually, digital assets are bec...
Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana – Emerging Markets Bitcoin News
Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank...
Crypto Exchange Yellow Card Obtained First VASP License in Africa
15 mins ago | 2 mins read Exchange News Yellow Card is the first cryptocurrency exchange in Africa to receive a VASP license. The exchange also upholds the US Foreign Corrupt Practices Act. Yellow Car...
Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchain and Crypto Policy if Elected – Africa Bitcoin News
The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in th...
South Africa Recognizes Cryptocurrencies as Financial Products ⋆ ZyCrypto
Advertisement     South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of...
Middle East and North Africa dominate the global crypto market growth, study reveals
The cryptocurrency sector is continuously growing around the world, with the region of Middle East and North Africa (MENA) standing out over the past year, due to recording the highest crypto transact...
South Africa Moves to Regulate Crypto Assets
South Africa’s financial regulator on Wednesday issued a notice to declare cryptocurrencies as a financial product. It was also announced that crypto firms in the country will need to apply for a lice...
South Africa deems cryptocurrency a ‘financial product’
South Africa’s financial regulator, The Financial Sector Conduct Authority (FSCA), classified crypto assets as a financial product and effectively subjected it to regulatory oversight upon the publica...
South Africa brings crypto under financial assets segment, details here
South Africa has become the latest country to bring cryptocurrency into the financial assets segment. The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, on 19 October i...
South Africa Defines Crypto as Financial Product
The country’s financial regulator has issued a general notice defining crypto within a legal framework Crypto, as defined by the regulator, must possesses cryptographic properties and not belong to a ...
South Africa Classifies Crypto as Financial Assets
The Financial Sector Conduct Authority (FSCA), a financial institutions market conduct regulator in South Africa, announced on Wednesday that the country has declared crypto assets as financial produc...
South Africa Set to Treat Bitcoin and Other Crypto as Financial Products
– Advertisement – Bitcoin and other crypto assets will be regarded as financial products in South Africa as the country attempts to regulate cryptocurrencies. Regulation of the nascent cry...
South Africa classifies cryptocurrency as financial instrument
Several nations are working on crypto regulatory frameworks. Some have succeeded, others have failed, and South Africa is one of the successful ones. In South Africa, crypto assets will be treated as ...
Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’ – Africa Bitcoin News
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the mo...