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Ripple has partnered with Nigerian fintech startup Chipper Cash to facilitate cross-border payments into Africa using Ripple Payments. Crypto Payments Key to Low Cross-Border Fees U.S.-based digital asset infrastructure provider…
The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20–40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms…
Ghanaian President John Mahama announced on March 18 that he has regained full control of his X (formerly Twitter) account from hackers who used it to promote a fraudulent cryptocurrency…
An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment…
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his…
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing…
Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating…
Binance’s battle with the Nigerian government has taken a new turn, as users in the West African country are now blocked from participating in airdrop campaigns. Users Told Service No…
Ghana’s gold-for-oil barter scheme has been halted by the central bank, according to Bank of Ghana Governor Johnson Asiama. Stabilizing Foreign Exchange Markets The Ghanaian central bank has suspended a…
The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund…