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Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, … Read more
Another action-packed week for crypto in Japan has passed. Go to Source Powered by WPeMatico
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. The directive went into effect … Read more
With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also attract masses to cryptocurrencies. News.Bitcoin.com has reported in the … Read more
The traditional banking sector is lagging behind in the race with crypto. Go to Source Powered by WPeMatico
The Competition and Markets Authority find no reason that the merger will affect competition in the U.K. consumer-to-business electronic payments sector. Go to Source Powered by WPeMatico
Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading is increasing: it is not burdening users … Read more
What are CBDCs and the risks they possess, and how might they reshape our economies? Go to Source Powered by WPeMatico
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over the interests of powerful banks that may be against … Read more
Blockchain company Apollo Fintech touts its new system as tonic for national digital currency headaches. Go to Source Powered by WPeMatico