Stellar partners tap USDC for remittances between Europe and Africa
Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market.
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Nigerian president to unveil eNaira central bank digital currency
The Nigerian central bank digital currency was originally slated for launch earlier this month but was delayed.
Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government
Nigeria’s company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration by a start-up on the basis that blockchain is yet to be recognized by the…
Jelurida will launch 30-day blockchain education campaign across East Africa
The tour will begin in Zanzibar on Oct. 23 before continuing on to Kenya, Rwanda, Uganda, Zambia, Malawi, Mozambique, Zimbabwe, and Tanzania.
Regulation Key to African Fintech Sector Growth — New Study
According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as…
Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots…
Africa’s crypto market has grown by more than 1,200% since 2020: Chainalysis
P2P platforms, the need for remittances to circumvent restrictions from banks, and putting savings into crypto as a means of avoiding inflation could have contributed to the growing market in…
Project Giant: Nigeria’s CBDC set for pilot rollout on Independence Day
Nigeria’s central bank digital currency will go into pilot testing on Oct. 1 with a tiered AML/KYC regime for the eNaira.
Australia, Singapore, Malaysia, and South Africa to Trial Cross-Border Digital Currency Payments
The central banks of Australia, Singapore, Malaysia, and the Republic of South Africa have set out to test the use of state-issued digital currencies in cross-border payments. The trial, led…
South Africa’s financial regulator issues warning against Binance
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country.