Nigeria Embraces Stablecoins: A Gateway to the Future of Cryptocurrency Nigeria, known for its fast-growing interest in the cryptocurrency market, is now setting the stage for a new player in the game – stablecoins. These digital assets, pegged to stable underlying assets like fiat currencies, are gaining traction globally as a reliable alternative to the […]
LEO becomes Africa’s first AI chatbot to enable remittances
LEO: Africa’s First AI Chatbot Revolutionizing Remittances In a groundbreaking move, LEO has emerged as Africa’s pioneering AI chatbot facilitating remittances within the continent. The innovative feature leverages the power of the Pan-African Payment and Settlement System (PAPSS) to streamline intra-African transactions, marking a significant milestone in the realm of financial technology. Remittances play a […]
South Korea pauses central bank digital currency project
South Korea Pauses Central Bank Digital Currency Project South Korea has made waves in the world of finance with its ambitious plans to launch a central bank digital currency (CBDC). However, concerns over costs and unclear commercial plans have prompted the Bank of Korea to reconsider its groundbreaking project. The Bank of Korea had been […]
Stablecoins surpass Visa and Mastercard in online transaction volume
Stablecoins Surpass Visa and Mastercard in Online Transaction Volume In the ever-evolving landscape of digital transactions, stablecoins have emerged as a game-changer, surpassing traditional giants like Visa and Mastercard in online transaction volume. This shift signals a significant turning point in the way we perceive and conduct digital payments, with major platforms such as PayPal […]
India urged to adopt clear Bitcoin strategy
India Urged to Adopt Clear Bitcoin Strategy As the world of digital assets continues to expand rapidly, India finds itself at a crossroads with its stance on cryptocurrencies, particularly Bitcoin. With unclear regulations surrounding crypto in the country and global adoption of digital assets on the rise, there is a growing call for India to […]
Advancing digital identity in Africa while safeguarding sovereignty
Advancing Digital Identity in Africa: Striking a Balance Between Innovation and Sovereignty In the digital age, the concept of identity has taken on new dimensions, particularly in Africa where technological advancements are rapidly reshaping traditional norms. As nations across the continent embrace digital transformation, the issue of digital identity has come to the forefront, presenting […]
AU Open Forum at IGF 2025 highlights urgent need for action on Africa’s digital future
AU Open Forum at IGF 2025: Bridging Africa’s Digital Divide Africa stands at a pivotal moment in its digital journey, with ambitions soaring high but challenges looming large. The recent AU Open Forum at the Internet Governance Forum 2025 (IGF 2025) served as a stark reminder of the urgent need for action to secure Africa’s […]
Visa and Yellow Card launch new digital dollar system
Visa and Yellow Card Launch New Digital Dollar System Visa, a global payment technology company, has teamed up with Yellow Card to introduce a cutting-edge digital dollar system that aims to revolutionize cross-border payments, particularly in African markets. This innovative stablecoin infrastructure is set to tackle the longstanding issues of high fees and delays that […]
US and El Salvador discuss crypto partnerships
US and El Salvador Discuss Crypto Partnerships: Shaping the Future of Global Finance In a move that could potentially reshape the landscape of global finance, former President Donald Trump’s digital asset adviser recently met with El Salvador’s President, Nayib Bukele, to discuss potential crypto partnerships between the two countries. The meeting between the US and […]
Bank of Italy criticises limited MiCA impact
Bank of Italy Criticises Limited MiCA Impact The Markets in Crypto-Assets Regulation, known as MiCA, was introduced by the European Commission to provide a comprehensive regulatory framework for digital assets, including cryptocurrencies and stablecoins. However, despite the high hopes pinned on MiCA to drive stablecoin adoption and generate interest among Italian intermediaries, the Bank of […]