Nigeria’s SEC warns against ‘Binance’ — just not that Binance
The Nigerian capital market regulator says “Any member of the investing public dealing with the entity is doing so at his/her own risk.”
Oluwaseun Adeyanju
There’s an opportunity for crypto to serve a larger slice of the market and impact everyday people – DFS Lab
Joseph Benson-Aruna of DFS Lab is optimistic about the future of crypto use cases in Africa.
Institutional involvement could help crypto remittances take off in Africa, Yellow Card CEO says
Yellow Card recently partnered with Jack Dorsey’s Block to facilitate crypto-based remittances in 16 African countries. CEO Chris Maurice sat with our lead editor Oluwaseun Adeyanju to discuss the partnership and why Block’s involvement could be what helps crypto remittances scale on the continent.
Why Jack Dorsey’s $30 billion empire is betting big on Africa
During Block's most recent earnings call, CEO Jack Dorsey listed the Global South, which includes Africa, as one of the three trends the company is “focused on.”
Nestcoin spins off crypto gaming project MVM as part of a larger restructuring move
Metaverse Magna (MVM) also has a new CEO who is looking to grow the company via its new gaming platform Hyper.
Fedi secures $17 million in funding to drive bitcoin adoption via communities
Built on the closely named open-source protocol, Fedimint, Fedi allows people in the global south to overcome the technical challenges of safely using bitcoin.
A new report says African blockchain firms raised $474 million in 2022, but the methodology is questionable
South Africa, Liberia and Kenya led Nigeria for total funding. MFS Africa, Valr, Jambo, Ejara all feature in the report.