This collaboration is focused on elevating the utilization of USDC among a broader spectrum of clients in MENA, including banks, fintech firms, traditional enterprises, and Web3 corporations.

Nigeria maintains the highest cryptocurrency usage in Africa and stands among the most advanced countries worldwide, displaying an annual growth rate of 9% despite recent fluctuations in Bitcoin interest.

Approximately 17.3% of Ghanaian adults own some form of cryptocurrency, totaling 3.1 million individuals, exceeding the global average of 15%

WiCrypt has emphasized the grant’s instrumental role in expanding collaboration and enhancing productivity throughout the Depin development chain.

Since the commencement of the application window in June, there has been a noticeable surge in interest from South African businesses in the realm of crypto.

Since cryptocurrencies were categorized as financial products last year, the FSCA highlights a lapse in oversight and aims to address this by requiring companies to establish a physical presence within the country.

Pullix.io distinguishes itself in the competitive landscape by blending novel tokenomics, user-centric functionalities, and a commitment to address conventional online trading hurdles.

According to local reports from Goiás 24 Horas, Steynberg was purportedly engaged in activities to safeguard his acquired wealth while confined, allegedly operating from the prison warden’s office.

While the Fuse programme is open to firms all over the world, CEO Mark Smargon places a special emphasis on businesses in emerging markets such as Africa.

The announcement made public on Tuesday elaborated that this feature eliminates the necessity for intricate bank details and costly wire transactions.

This integration aims to resolve the challenges Payday faced due to third-party dependencies, potentially enhancing customer experience and service reliability.

The proposed framework outlines capital gains taxation when Kenyans sell or utilize cryptocurrencies in transactions.

Aligned with Ghana’s Bitcoin education initiative, Bitcoin Cowries, the Bitcoineta-branded Land Rover will embark on a tour across the West African States, engaging rural communities and schools to deliver the Bitcoin message.

The increasing trend in South Africa indicates a significant surge in buying, selling, and investment in crypto assets, including derivatives tied to cryptocurrencies.

As of November 30, the FSCA confirmed receiving 128 applications, signaling the keen interest within the crypto community to comply with the regulatory framework.

In an interview, the CEO highlighted Canza Finance’s new DeFi innovation, Baki, aimed at tackling this issue by providing decentralized foreign exchange (FX) for African currencies.

Farzam Ehsani, VALR’s Co-Founder and CEO, expressed enthusiasm about Caselin joining as CMO, citing Caselin’s extensive track record in propelling growth and advocating Bitcoin adoption in emerging markets.

By accommodating the Arabic language, Bitget aims to bridge communication gaps and simplify the learning process for users in the MENA region.

PYUSD’s integration on the Yellow Card platform streamlines fund transfers to and from the US.

Through Stitch’s ‘Pay with crypto,’ South African businesses can provide customers with the option to deposit funds or complete transactions using cryptocurrencies.

Employing hydropower for its mining fleet, Trojan Mining is expanding its setup to accommodate the newly unveiled 500 KW hydro-powered facility, inclusive of its maiden locally built mining container.

In an unprecedented win, Yellow Card, headquartered in Nigeria, clinched this esteemed award, making history as the first cryptocurrency company in Africa to receive such recognition.

Launched in 2018, WiCrypt simplifies WiFi access through its app, enabling individuals to share their mobile device’s connection or utilize a specialized WiCrypto hotspot creator device.

The latest update from Patricia reveals a significant shift: the funds, previously held in Patricia Tokens (PUTX), will now be reimbursed in Naira.

Initially, the platform seemed trustworthy, delivering on its promises by allowing users to make withdrawals and even enticing them with a “tax-free” withdrawal day scheduled for October 16th.

Ripple recently unveiled plans to create three blockchain-based payment corridors to facilitate transactions between Onafriq users in Africa.

Uganda recognizes the broader applications of blockchain, utilizing its decentralized nature to create a unified platform that bridges historical gaps between stakeholders, connecting diligent farmers in the fields to decision-makers in government offices.

This development unfolded on October 31, when the Committee on Finance and National Planning invited representatives from BAK to engage in discussions about the regulation of digital assets.

This initiative follows the FSC’s recent emphasis on strategic innovations to enhance the country’s financial services ecosystem, highlighting the regulator’s commitment to informed decision-making for the industry and the public.

The seamless transfer of funds between South Africa and Zambia holds paramount importance for many Zambians with family members employed in South Africa’s economic hubs.