According to reports, the Nigerian retail trading software Patricia has converted the Bitcoin (BTC) and other tokens owned by its users into Patricia Token (PTK), a proprietary token. The company touted PTK as a stablecoin pegged to the U.S. dollar, where 1…

The conclusion of the Africa Web3 Tour will witness the publication of a comprehensive report, with a roadmap that encompasses 30 cities throughout 30 African nations over the following three years. This report will include information on the state of Web3 technologies…

A fresh anonymous survey on virtual assets and service providers in the nation has been released by the Kenya Financial Reporting Centre (FRC). According to the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) 2009, the FRC is a government organisation whose…

Due to its structure, the countries involved in it, and the debates it has sparked, the CFA Franc, a currency used in 14 African countries, has attracted a lot of interest recently. What does CFA Franc mean? Two sets of African nations…

During its first South African bond auction, the New Development Bank, which was founded by the BRICS group of emerging economies, was successful in raising 1.5 billion ZAR, or $79 million. The BRICS bank is now the highest rated issuer to issue…

According to the most recent research, Nigeria has emerged as the African nation with the highest level of cryptocurrency interest, currently accounting for a sizeable share, roughly 66.8%, of the overall cryptocurrency interest in the continent year to date (YTD). This number…

The biggest civil monetary penalty ever imposed in a case brought by the U.S. Commodity Futures Trading Commission (CFTC) was imposed against Steynberg in April 2023 when a U.S. judge ordered him to pay over $3.4 billion in fines and restitution for…

The 2023 Ghana Banking Survey by PwC indicates that Ecobank Ghana has kept its status as the country's biggest bank, with a market share of 13.58%. The 2023 Ghana Banking Survey by PwC indicates that Ecobank Ghana has kept its status as…

"If you are familiar with Binance, you are aware that the parallel market and investor and exporter windows are increasingly becoming anchored by Binance trade, which is undesirable. Therefore, we need to take action to halt Binance. It's a competition, and the…