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Banks still show interest in digital assets and DeFi amid market chaos

Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.

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Defi Chain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products

According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest…

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Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa

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.”…

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Egyptian Fintech Raises $31 Million in Series B Funding Round

Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to…

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Abu Dhabi Fintech Startup Raises $20 Million in Series B Funding Round

Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million.…

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Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021

In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share…

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5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech

The pact between the two nations' financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries.

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