Bookmarking Crypto Insights
Auto Added by WPeMatico
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely to prompt regulators across Africa to establish rules for the … Read more
On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization First Step in Two-Step Licensing Process The Namibian central bank announced on Jan. 13 that it had granted provisional authorization to two entities to operate … Read more
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets. … Read more
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will … Read more
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between the two countries and expand the use of their respective currencies. … Read more
The Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested 792 suspects involved in crypto romance scams. Scams Traced to Foreign Kingpins The Nigerian anti-graft body, the Economic and Financial Crimes Commission (EFCC), recently arrested 792 suspects implicated in crypto romance scams. The arrests followed a raid on a building believed to be a hub … Read more
Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the Africa-focused stablecoin platform, has partnered with Lightspark to connect businesses in 20 African countries to the Universal Money Address (UMA) network. According to Lightspark, this … Read more
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce. Go to Source
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud operation. Police also recovered an unspecified amount of money allegedly linked to the scheme, as well as mobile devices used in the crimes. According to … Read more
The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s first close on Saturday, Nov. 30. Block Chairman Jack Dorsey, chairman of Fortress Investment … Read more