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Yellow Card, a Nigerian-founded fintech company, has secured a Crypto Asset Service Provider (CASP) licence in South Africa, marking a significant regulatory milestone in its African expansion.
Bitcoin is a couple of dollars from $90,000. The flagship crypto has been on an upward trend since Donald Trump’s election victory, but will this bull run last?
This comes almost two months after Binance, in August 2024, introduced a new feature that allowed users in Ghana, Tanzania, Uganda, and Zambia to trade crypto assets using mobile money. The feature, One Click Buy and Sell (OCBS), as part of Binance’s global fiat on-ramp/off-ramp offering, aims to facilitate seamless crypto asset purchases and direct…
South African retail bank Capitec has blocked payments to crypto exchanges in an anti-fraud measure. Farzam Ehsani, CEO of VALR, also said that the bank informed them that it had decided to restrict its customers from sending funds to crypto exchanges.
Did you quit your job to retire off the tap-to-earn crypto game, Hamster Kombat? Then this article is a virtual support group for you. Learn about crypto, games, and the people who got hurt by it.
Luno customers can now make crypto payments of up to R100,000 (~$6,000) at over 31,000 merchants in South Africa thanks to a partnership with Zapper.
Nigeria’s SEC grants crypto licence to Quidax and Busha. The exchanges will be part of SEC’s accelerated regulatory incubation program (ARIP).
Binance has refuted the Nigerian government’s claim that it made $26 billion in revenue from the country in 2023, noting that Nigeria has never been a major market for the company.
Binance has announced the expansion of its services with a new feature enabling users in Ghana, Tanzania, Uganda, and Zambia to trade crypto assets using mobile money. This comes amid challenges with its operations in Nigeria.
Frozen crypto wallets concerning #EndBadGovernance protests are still active. The wallets, which are owned by KuCoin and MEXC, are still sending and receiving thousands of dollars as of press time.
FTX might save the crypto market. After bitcoin suffered a sharp drop on August 5, 2024, news of a $12.7 billion payout to FTX creditors seems to be stabilising the market.
OKX, a crypto exchange, will cease operations in Nigeria from August 16, 2024, due to regulations. Users can only withdraw funds until August 30, 2024, after which they must contact customer service for account-related actions.
Members of the United States Congress have submitted a resolution urging the Nigerian government to immediately release Tigran Gambaryan, a detained Binance executive, from imprisonment.
The crypto market currently has a fraud and greed index reading of 40. This indicates fear among investors. Is the bull run fading? Here’s why investors are being cautious.
The National Information Technology Development Agency (NITDA) has announced plans to consider developing an indigenous blockchain, Nigerium, to enhance data security in Nigeria.
KuCoin has announced that it will start charging Nigerians a 7.5% VAT on all crypto transactions. The exchange said the new update is in a bid to keep up with regulatory changes.
Chinyere Nnadi, Co-founder and CEO of Mara, has launched a new crypto company named Jara to replace Mara Wallet after facing financial difficulties, despite raising $23 million from notable investors like Coinbase and FTX.
Worldcoin plans to resume operations after Kenyan authorities dropped their investigation into claims of illegal data collection and transfer. This comes ten months after the East African country suspended the cryptocurrency project.
Detained Binance executive Tigran Gambaryan has requested that the Federal High Court in Abuja order the office of the National Security Adviser and the Economic and Financial Crimes Commission to award “costs” for prolonging his detention in Nigeria.