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Inflation, Dollar Shortage Fuel Stablecoin Use in Sub-Saharan Africa

Stablecoins are surging in popularity across Sub-Saharan Africa, accounting for 43% of crypto transactions compared to bitcoin’s 18.1%. This trend is driven by the instability of local currencies and limited…

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Mastercard, Safaricom Partner on Cross-Border Payments

Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally.…

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Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License

Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly…

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Nigerian Blockchain Group Ousts President, Who Remains Defiant

The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the…

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