Crypto-to-fiat liquidity startup Xanpool raises $27M
XanPool positions itself as a “Uniswap-like” crypto-to-fiat AMM relying on the liquidity of its participants. Go to Source Powered by WPeMatico
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Ghana Central Bank Working to Make CBDC Available to Offline Users
The Ghanaian central bank is seeking to make its digital currency, the e-cedi, available to offline users, an official with the bank has said. Overcoming the Challenge of Limited Power According to Kwame Oppong, who heads fintech and innovation at the Bank of Ghana (BOG), the e-cedi is also expected to facilitate transactions without the … Read more
Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners. Go to Source Powered by WPeMatico
Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike
A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies … Read more
How to create an environmentally-friendly coin, explained
With increased concern about the carbon footprint that the crypto industry creates, alternative enterprise solutions emerge that can help cut down on the energy costs involved. Go to Source Powered by WPeMatico
Regulation Key to African Fintech Sector Growth — New Study
According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract Investors Explaining the key role that regulation has played in … Read more
Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border payments and make it “easier for the naira to be widely used and accepted.” E-Naira Launch a Boon for Cryptos In fact, according to a VOA report, some Nigerian blockchain experts like Janet Kaatyo believe … Read more
Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency. CBN’s Alleged Trademark Infringement … Read more
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support of a fintech startup based in Japan. Central Bank of Laos Joins Race to Develop Digital … Read more
Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund
Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that can extend banking and financial services to all segments of … Read more