LATEST NEWS
Kenya Crypto Regulations to Cost ~$14 Million, Says Kenya Ministry…
Kenya will require KES 1.82 billion (~$14 million) to introduce regulations for the use of cryptocurrency and digital tokens in the country, the Ministry of Finance says.…
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Kenya Crypto Regulations to Cost ~$14 Million, Says Kenya Ministry of Finance -
BITCOIN | Bitcoin ‘Lacks Intrinsic Value,’ Says CEO, JPMorgan Chase, the World's Largest Financial Institution -
INTRODUCING | The Jambo ($J) Token Set to Drop on January 22 2025 Across Various Global Crypto Exchanges -
REGULATION | South African Man Arrested on Allegations of Financing Terrorism Using Bitcoin -
BRICS | Kenya Reportedly Sought China's Help to Join the BRICS Bloc in November 2024
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STABLECOINS | Private Firms in Kenya Turn to Stablecoins to Pay Foreign Suppliers, 49% Use USDT, Says IMF
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REGULATION | A Look at the State of Crypto Regulation Across Africa in 2024
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BITCOIN | Ray Dalio Urges Investors to Move to Bitcoin, Gold Amid Impending Debt Crises -
REPORT | Over 400 Million Wallets Actively Held Cryptocurrency in 2024, Says Chainalysis -
LISTING | SOLV Protocol ($SOLV) Becomes 3rd Project to List on Binance MegaDrop, Early Users to Earn Free Tokens
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REPORT | Angels Are Helping Bridge Funding Gap for Early-Stage African Startups, Says 2024 ABAN Report -
REPORT | IMF Advises the Capital Markets Authority of Kenya to Create Predictable Regulatory Framework for the Crypto market
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LIST | Seychelles Leads as Most Powerful Passport in Africa with Visa-Free Access to 156 Destinations, Says Henley Passport Index -
REGULATION | Kenya Invites Public Comments on Draft Crypto Regulations, Deadline Set for January 24 2025
BITCOIN
OPPORTUNITIES
The UNICEF Venture Fund is on the hunt for ground-breaking Open Source technology solutions that can...
VISA, the global payment card network, has unveiled its 2025 Accelerator Program designed to drive innovation...
CALL FOR APPLICATIONS [DEADLINE: DECEMBER 27 2024] | Apply for The Btrust Builders’ 2025 ₿OSS Cohort
Btrust Builders, in collaboration with Chaincode Labs, is issuing a final call for applications to the...
Binance, a global leader and Africa’s leading crypto exchange, has announced a partnership with...
Bloomberg is thrilled to announce the launch of the inaugural Africa Startups to Watch List. Two decades...
Kenya will require KES 1.82 billion (~$14 million) to introduce regulations for the use of cryptocurrency...
JPMorgan Chase CEO, Jamie Dimon, has reiterated his skepticism about Bitcoin, stating that the cryptocurrency...
Jambo, the largest web3 mobile infrastructure bringing emerging markets on-chain, has announced the upcoming...
A 35-year-old South African man has been arrested on allegations of terror financing. According to local...
Kenyan President, William Ruto, reportedly made an appeal to China to support Kenya’s quest for membership...
The International Monetary Fund (IMF) has revealed that many Kenyan firms are now using cryptocurrencies...
Cryptocurrency adoption in Africa has experienced remarkable growth in recent years, driven by a combination...
Billionaire investor, Ray Dalio, has cautioned about an impending debt crisis in global finance and advised...
The cryptocurrency sector has entered a new phase of maturity in 2024, with over 400 million wallets...
REPORTS
Angel investors are stepping in to fill the gap left by the decline in funding within Africa’s...
The International Monetary Fund (IMF) has recommended that Kenya establish a transparent and predictable...
According to a new report by Africa: the Big Deal, startups in Africa raised $2.2 billion in 2024 in...
Tech startups from Kenya raised over $638 million in 2024, 29% of all the money raised on the continent,...
Phishing was the most costly attack vector in Web3 in 2024, in a year where a total of $2.3 billion was...
Bitcoin (BTC), which is marking its 16th anniversary since the mining of its initial block, is poised...
REPORT | Hackers Stole Over $2.2 Billion From Cryptocurrency Users in 2024, North Korea Main Culprit
The value of crypto funds stolen by hackers and cybercriminals increased by approximately 21.07% year-over-year...
Nigeria’s fintech ecosystem secured over $2 billion in investments in 2024, according to the 2024 Economic...
Emerging markets lead the way in blockchain adoption, while many nations in Europe, east Asia and the...
According to Tether, 109 million on-chain wallets held USDT at the start of the fourth quarter, making...
Venture funding in Africa experienced a decline in November 2024, with 32 startups across the continent...
Diaspora remittances to Kenya reached $437.2 million ( KES 56.2 billion) in October 2024, the largest...
There were 73 private market deals recorded across the continent in Q3 2024, including 39 deals with...
As of 2022, Nigeria boasted approximately 3,360 startups, the highest number in Africa, with Lagos alone...
To date, three jurisdictions have launched a nation-wide CBDC: The Bahamas Jamaica, and Nigeria while...
There have never been more monthly active crypto addresses, says the latest ‘State of Crypto’...
Startups in the Middle East and North Africa region raised $134 million across 56 deals in October 2024,...
The number fintech companies in Africa has nearly tripled since 2020, significantly improving access...
African crypto communities on Telegram have grown by 189% since early 2023, according to a recent October...
CB Insights, a global startup performance analytics firm, has unveiled its list of the 100 most promising...
ETHEREUM
Ethereum, the global blockchain platform, announced it awarded $12.8 million in grants during the third...
The story of Legitify, a cutting-edge project developed by a talented team of students from the University...
Being chosen as a legal scholar for DevCon by the Ethereum Foundation was a profound honor. This unique...
U.S-traded spot Ethereum (ETH) exchange-traded funds (ETFs) saw about $476 million in outflows during...
In a recent social media post, Vitalik Buterin and the Ethereum Foundation spokesperson, Josh Stark,...
Coinbase’s Ethereum layer-2 network, Base, has reached a new milestone with over 1 million daily active...
Bitcoin and Ether ETFs recorded nearly $6 billion in trading volume amid the global market turmoil on...
The “I’m Too Smart to Fall for That” Syndrome So, you think you’re the Sherlock...
This week, we’re celebrating Ethereum’s 9th birthday – that’s right, our favorite blockchain...
The nine United States Ether Exchange-Traded Funds (ETFs) saw about $1.08 billion in cumulative trading...
The cross-border payment ecosystem – comprising financial transactions between senders and recipients...
BitKE got an exclusive chat with Betty Waitherero following her election onto the Telos Board. Betty...
M-PESA, the fintech platform operated by Kenyan telco, saw KES 40.2 trillion ($305.8 billion) worth of...
FINTECH
Funding for fintech startups experienced a 16% decline compared to the previous quarter despite overall...
In april 2022, digital payment provider, VISA, opened its latest innovation studio in Nairobi, Kenya,...
Paymenow, a South African startup that provides earned wage access (EWA), has secured a ZAR250 million...
Egyptian fintech startup, Paymob, has raised a $50 million in Series B funding round to help it launch...
Chimoney, a global payment solutions provider backed by Techstars and headquartered in Canada, has successfully...
Kenyan fintech, Kwara, is looking to scale even further in 2023 following a new $3 million seed extension....
At Safaricom’s Fintech Innovation Week, the leading East African telco brought together stakeholders...
Kippa, a financial management and payments platform for Nigerian SMEs, has announced it has raised...
Welcome to YC S22, @sidneyrema_, @jumaphelix, and team @PatikaAfrica! Patika helps small businesses in...
REGULATION
Kenya will require KES 1.82 billion (~$14 million) to introduce regulations for the use of cryptocurrency...
Cryptocurrency adoption in Africa has experienced remarkable growth in recent years, driven by a combination...
The International Monetary Fund (IMF) has recommended that Kenya establish a transparent and predictable...
Kenya is forging ahead with plans to regulate the crypto industry, with a request for public participation...
Crypto asset service providers argue that South African regulators should take inspiration from the U.S....
South African fintech, Mukuru, has announced that it has received deposit-taking microfinance institution...
Nigeria has one of the best crypto regulation regimes in Africa, towering above countries like Kenya,...
In 2024, the major African countries continued to make progress in cryptocurrency adoption. Nigeria and...
According to the Bank of Botswana, the local cryptocurrency sector poses minimal risks to financial stability....
The Nigerian Securities and Exchange Commission (SEC Nigeria) has proposed a new law designed to address...
Emomotimi Agama, the Director General of the Nigerian Securities and Exchange Commission says that Nigerian...
Bank of Tanzania’s fintech regulatory sandbox will begin receiving applications on January 2 2025,...
The Capital Markets Authority of Kenya (CMA Kenya) has admitted Yeshara Tokens Limited into the Capital...
BANKING
According to local reports, Kenyan banks are calling for the upgrade of the existing PesaLink system...
Uganda is set to officially become a BRICS partner state on January 1 2025, according to Yury Ushakov,...
According to the Bank of Botswana, the local cryptocurrency sector poses minimal risks to financial stability....
Diaspora remittances to Kenya reached $437.2 million ( KES 56.2 billion) in October 2024, the largest...
Neil Leon De Waal, a South African associate of the controversial investment scheme GS Partners, was...
The Mauritius Financial Services Commission (FSC), the regulatory authority responsible for the regulation,...
Proof of attendance protocol, often shortened to POAPs, function as digital badges you can collect at...
Meta, the parent company of Facebook, Instagram, and WhatsApp, has started a slow rollout that allows...
A new survey conducted by IPSOS for the World Economic Forum (WEF) finds that half of adults across 29...
The term, metaverse, can trace its roots back 3 decades ago to a sci-fi novel by Neal Stephenson called...
FRANCOPHONE AFRICA
EDUCATION
CALL FOR APPLICATIONS [DEADLINE: DECEMBER 27 2024] | Apply for The Btrust Builders’ 2025 ₿OSS Cohort
Btrust Builders, in collaboration with Chaincode Labs, is issuing a final call for applications to the...
Long before we used paper money, people used many different objects as money. One of the defining characteristics...
Bitcoin’s mining difficulty has surged to its highest level ever, occurring just over a week before...
Bitcoin exchange-traded funds (ETFs) on Wall Street experienced five consecutive days of net outflows...
The Human Rights Foundation (HRF) has allocated a total of $500,000 across 14 diverse projects worldwide,...
Every four years, the amount of Bitcoin rewarded to cryptocurrency miners is halved in a process aptly...
In a new analysis, crypto asset management firm, GrayScale, says that Bitcoin’s technical fundamentals...
Open interest in Bitcoin surged to $31 billion on March 4 2024 surpassing the previous record of $24.3...
A Bitcoin address is a string of alphanumeric characters that represents a destination for Bitcoin transactions....
DAOs
Core DAO is excited to introduce the African Innovation Fund, a groundbreaking initiative to provide...
Celo has finally unveiled a regional DAO which is expected to drive adoption of the blockchain in grassroots...
The South Africa Reserve Bank (SARB) will be exploring multiple use cases involving a wholesale CBDC...
The Kamusi DAO Project is an initiative which aims to create a Kiswahili Web3 dictionary that represents...
CENTRAL BANK DIGITAL CURRENCIES (CBDCs)
In 2024, the major African countries continued to make progress in cryptocurrency adoption. Nigeria and...
Ivory Coast fintech, HUB2, has raised $8.5 million in a series A funding round led by pan-African early-stage...
The Bank of Ghana (BoG) says it has completed its Central Bank Digital Currency (CBDC) pilot project...
To date, three jurisdictions have launched a nation-wide CBDC: The Bahamas Jamaica, and Nigeria while...
The Bank of Ghana (BoG) has won the prestigious ‘Innovation in Digital Currency Design for Financial...
The Central Bank of the Kingdom of Eswatini has released a design paper detailing its potential central...
The International Monetary Fund (IMF) has released an October 2024 paper examining the possible options...
The Central Bank of Nigeria (CBN) has pledged more measures to jumpstart the low adoption of its digital...
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