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Discover the future Of finance at WFC FinTech 2024 Singapore
6.5.2024
WFC FinTech 2024 Singapore is poised to revolutionize the landscape of finance and technology on June 25-26, 2024. As the premier event in the region, it promises an immersive experience for industry enthusiasts, thought leaders, and innovators alike. Outline of the event As the leading hub...
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Nigeria restricts fintech onboarding to stop KYC-evading crypto investors
1.5.2024
Nigerian fintech firms OPay, Kuda Bank, Moniepoint and PalmPay were directed to pause the creation of new accounts amid an ongoing audit of their KYC processes
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
1.5.2024
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your...
Citi: Brazil Is at the Top of Digital Money Initiatives in Latam
30.4.2024
A recent report by Citi, a global financial institution, has put Brazil at the top of the nations leading the digital money initiatives in Latin America. The report states that Brazil features a combination of factors that ease the adoption of digital money such as government support and digital...
Insights from Token2049: How crypto wealth is made
26.4.2024
Attendees at Token 2049 in Dubai shared their personal stories on how they became rich
Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains
26.4.2024
Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.
The post Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains appeared first on Cryptonews
Brazilian Neobank Nubank Introduces New Crypto Wallet Features for Bitcoin, Ether and Solana
26.4.2024
Nubank, a Brazilian neobank, has introduced new features for its cryptocurrency customers. The Sao Paolo-based organization recently enabled deposits and withdrawals of bitcoin, ether, and solana in its cryptocurrency service, broadening the use cases of its platform. Before, the company only...
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
24.4.2024
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks
DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
18.4.2024
Deutsche Börse’s Post-Trade Business Clearstream to Invest in FinTech Startup Digital Vault Services
17.4.2024
Clearstream, Deutsche Börse’s post-trade business is investing an undisclosed amount in the fintech start-up Digital Vault Services (DVS).
The post Deutsche Börse’s Post-Trade Business Clearstream to Invest in FinTech Startup Digital Vault Services appeared first on Cryptonews
BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
17.4.2024
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would...
Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
9.4.2024
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa...
Russian Fintech Startups Join Digital Ruble Pilot
8.4.2024
Russian fintech firms have begun joining the country’s rapidly progressing digital ruble pilot as the Central Bank looks to widen the scope of its CBDC project.
The post Russian Fintech Startups Join Digital Ruble Pilot appeared first on Cryptonews
Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules
3.4.2024
Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies.
The post Lithuania’s Fintech Haven to Cull...
blueskyminer launches innovative fintech ecosystem and seamless cloud mining platform for global users
3.4.2024
Cryptocurrencies can be an effective route toward fixed and passive income sources. Cloud mining platform blueskyminer aims to teach people how to earn at least $1,000 daily. The company’s mining operation lets customers optimize their efforts and maximize profits. blueskyminer is one of the...
SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
29.3.2024
SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included...
Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens
25.3.2024
DigiFT, a Singapore-based fintech company, has made a foray into the digital asset realm with the launch of the its US Treasury bill depository receipt (DR) tokens.
The post Singapore-Licensed DigiFT Introduces US Treasury Bill Depository Receipt Tokens appeared first on Cryptonews
Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion
25.3.2024
Democratic Republic of Congo (DRC)-based fintech startups have partnered with the government to launch an association. The goal of the collaboration is to accelerate financial inclusion in the African country. By partnering with the government, the association will play a crucial role in shaping...
Nigerian Startup, Zone, Raises $8.5M in Seed-Funding Round
20.3.2024
Zone, a Nigerian payment fintech startup that leverages the blockchain, recently raised $8.5 million in a seed funding round. An undisclosed portion of the funds will be allocated to cover costs associated with the trial of Zone’s cross-border payment capabilities in 2025. Zone to Expand...