Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of Cryptocurrency Report by Chainalysis. The three countries…
Posted inCrypto NEWS Regulations
BoG: The Draft Guidelines For Crypto Regulation in Ghana
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to serve the purpose of creating a structure…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce Fidelity Send, a new measure that will…
Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have begun notifying their customers of plans to…
Posted inCrypto Cyber Security
The Number of Scammers Increases in Local Crypto Groups
Currently, in Nigeria, the number of individuals doing peer-to-peer crypto transactions has increased to new levels. The increased transaction activity has attracted…
Bank of Uganda Cuts Interest Rate by 0.25%
For the very first time in history, the Bank of Uganda reduced its key rate, cutting it from 10.25 per cent to…
China’s Lending to Africa increased to $4.6B in 2023
Boston University’s Global Development Policy Centre released a research study on Thursday unveiling an increase in the rate of Chinese lending to…
Oando Stocks Crosses N1T in Market Capitalization
The oil and gas company, Oando, has attained over N1T (over $626M, per current exchange rate) market capitalization as it wrapped up…
Posted inCrypto NEWS Technology WEB 3.0
Coinbase Performs the First AI-AI Crypto Transaction.
Coinbase makes history by executing the first AI-to-AI transaction using crypto. This milestone is a remarkable one and will open an avenue…
Posted inNEWS Regulations
Crypto Regulations in African Countries: A Comparison Between Five Countries
Statistically, Africa is the region with the highest young people demographic, and this is an underlying factor in the surging crypto interest…
Posted inFintech NEWS Technology
Mastercard to Move from Credit Card Numbers to Tokenization and Biometric Authentication.
In a bid to simplify payments, Mastercard moves to tokenization and biometric authentication to eliminate the requirements for users to enter their…