Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company. Go to Source Powered by WPeMatico
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African blockchain ventures outpace global funding growth: Report
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa. Go to Source Powered by WPeMatico
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down due to the inability to raise funds and advises users to withdraw funds before April 30. Go to Source Powered by WPeMatico
Bitcoin gaming enters Africa with local crypto exchange partnership
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations. Go to Source Powered by WPeMatico
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises as Leading Crypto Asset Taps … Read more
Nigerian crypto foreign investment is at a record low: Study
Foreign direct investment (FDI) in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. Go to Source Powered by WPeMatico
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it. Go to Source Powered by WPeMatico
Nigerian crypto investors question central bank’s decision to flag p2p users
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country’s central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds. Go to Source Powered by WPeMatico
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend. Go to Source Powered by WPeMatico
How blockchain can help reimagine a new state in Africa
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. Go to Source Powered by WPeMatico
