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What Lies Ahead The government’s current position suggests India may continue with limited oversight rather than full-fledged regulation, balancing innovation with systemic risk management. Both the finance ministry and the RBI have yet to issue public comments on the latest developments.

Over $22bn was laundered through cryptos in 2023, but that figure is still far below cash- Chainalysis Report

Crypto,  Industry Analysis

A report from blockchain analytics company, Chainalysis has revealed a worrying trend in money laundering through cryptos as a whopping $22.2 billion was transferred into cryptocurrencies by illicit addresses in 2023. 

February 22, 2024 / 0 Comments
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This is part of the government’s desperate efforts to stem the freefall of the national currency, the naira

Naira free fall: Nigerian authorities finally ban access to crypto exchanges

Crypto,  News

This is part of the government’s desperate efforts to stem the freefall of the national currency, the naira

February 22, 2024 / 0 Comments
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Now, the country will add stablecoins as a particular type of crypto. This development, which is seen as a digital disruption, has been exemplified in East Africa where blockchain technology facilitated access to global markets for remote populations. In July 2023, agric technology companies, Dimitra and One Million Avocados (OMA) collaborated to empower Kenyan avocado farmers with advanced technologies, including blockchain, to enhance production and quality.

South Africa targets stablecoin and blockchain use cases in 2024 budget review

Crypto,  News

As part of its initiative to promote digital payments, South Africa, in its annual budget, has unveiled the Treasury’s strategy to advance the adoption of digital payments, aiming to improve the well-being of marginalised communities by exploring stablecoins and blockchain technology

February 22, 2024 / 0 Comments
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The government of Plateau State, Nigeria has partnered with a non-profit organisation, Algorand Foundation to foster innovation and explore real-life use cases for blockchain in the space.

Plateau State government partners with Algorand to explore blockchain use cases

Crypto,  News

The government of Plateau State, Nigeria has partnered with a non-profit organisation, Algorand Foundation to foster innovation and explore real-life use cases for blockchain in the space.

February 19, 2024 / 0 Comments
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Opera MiniPay is a self-custodial dollar stablecoin wallet seamlessly integrated into the Opera Mini brow

Opera MiniPay crosses 1 million users in Africa 5 months after its launch

Crypto,  News

Opera MiniPay is a self-custodial dollar stablecoin wallet seamlessly integrated into the Opera Mini brow

February 14, 2024 / 0 Comments
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The U.S. Securities and Exchange Commission (SEC) has approved the launch of 11 bitcoin exchange-traded funds (BTC ETFs) on 10 January 2024.

How will the SEC’s approval of the Bitcoin ETF affect investors?

Crypto,  News

The U.S. Securities and Exchange Commission (SEC) has approved the launch of 11 bitcoin exchange-traded funds (BTC ETFs) on 10 January 2024.

January 25, 2024 / 0 Comments
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With the CBN ban lifted, here are Top 5 crypto exchanges Nigerians can transact with in 2024

App Review,  Crypto,  Reviews

In this post, we will explore the top five crypto exchanges that Nigerians can use for buying/selling Bitcoin in 2024.

January 25, 2024 / 0 Comments
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As of 2021, the country has a total of 191.4 million bank accounts, with 133.5 million actively in use…

CBN lifting the crypto ban and what it means for Nigerian crypto users

Cybersecurity,  Explainers,  Industry Analysis,  Policy and Tech

The journey from the imposition of the crypto ban in February 2021 to its removal in December 2023 reflects the dynamic nature of the crypto landscape in Nigeria

January 23, 2024 / 0 Comments
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In a defining manoeuvre heralding its swelling ambitions to metamorphose into Africa’s dominant cryptocurrency gateway, trailblazing trading platform Celia has forged an alliance with internationally admired Nigerian corporate practice Templars to cement its position.

Celia and Templars combine legal might and crypto vision to construct Africa’s next fintech empire

Crypto,  News,  Sponsored

In a defining manoeuvre heralding its swelling ambitions to metamorphose into Africa’s dominant cryptocurrency gateway, trailblazing trading platform Celia has forged an alliance with internationally admired Nigerian corporate practice Templars to cement its position.

January 20, 2024 / 0 Comments
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North African country, Egypt is making moves with its Central Bank Digital Currency (CBDC) project and is set to launch around 2030, per reports.

Egypt is reportedly working towards e-pound CBDC by 2030

News

North African country, Egypt is making moves with its Central Bank Digital Currency (CBDC) project and is set to launch around 2030, per reports.

January 19, 2024 / 0 Comments
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