news Archives - Page 20 of 42 - Cryptotimes Africa

News

Launched in Kenya and South Africa, the Telegram Wallet Bot will expand to additional countries in 2024.

by Crypto Oracle November 18, 2023

Wallet, a cryptocurrency trading bot, is launching globally on Telegram Messenger in a number of Latin American and African nations. On November 10, 2023, The Open Platform (TOP), a Dubai-based investment platform connected to TOP Labs and Wallet, announced the Wallet crypto…

Bitcoin News

Prediction for Bitcoin Price as it Drops 2.7% to $36,000 Level Top Levels to Watch Right Now

by Crypto Oracle November 17, 2023

Within the volatile realm of cryptocurrencies, Bitcoin (BTC/USD) has experienced a significant decline of 2.7%, resulting in a recent drop to the crucial $36,000 mark. For traders and investors alike, this movement represents a critical turning point. They are now closely monitoring…

Coins

Crypto transactions: Coinbase unveils Onchain Payment Protocol

by 'Femi Michael November 17, 2023

In a significant move to streamline cryptocurrency transactions and address the challenges of volatility, Coinbase (NASDAQ:COIN) has introduced its innovative Onchain Payment Protocol. This open-source solution is designed to offer instant settlements, lower fees, and expanded asset support, with the goal of…

News

FINTECH AFRICA | PayStack, the top Nigerian fintech, is reducing operations outside of Africa and putting more emphasis on local teams.

by Crypto Oracle November 17, 2023

33 employees at PayStack, the $200 million Nigerian fintech that Stripe purchased in 2020, are reportedly being let go throughout Europe and the United Arab Emirates (UAE). In a tweet, Paystack CEO Shola Akinlade acknowledged the layoffs, saying that 33 staff in…

News

Regulation: In an effort to combat cryptocurrency money laundering, South Africa has adopted the Global Standard Crypto-Asset Reporting Framework (CARF).

by Crypto Oracle November 16, 2023

To strengthen efforts to combat those who utilize cryptocurrency assets to avoid paying taxes and engage in money laundering, South Africa is one of 48 nations or territories that have adopted the Common Reporting Standard. The South African Revenue Service (SARS) said…

News

LIST | One Enables Crypto Out of 23 African Startups Selected for the First-Ever VISA Fintech Accelerator

by Crypto Oracle November 16, 2023

Visa has selected twenty-three African startups to join the Visa Africa Fintech Accelerator's first cohort. The majority of the chosen startups were from Nigeria, with Ghana, Kenya, Morocco, South Africa, Egypt, Uganda, Zambia, and Tunisia following. The startups listed below were chosen…

News

REGULATION | Flutterwave Receives International Money Transfer License from Malawi Reserve Bank

by Crypto Oracle November 15, 2023

Regional and dispersed Malawians can now conduct foreign payments through a reputable platform that is one of Africa's few unicorn firms by using Flutterwave's cross-border remittance solution, Send App. According to a og post by the Nigerian payments technology startup Flutterwave, it…

News

LAUNCH | The Nigerian Government Establishes Code Clubs Throughout the Nation in Partnership with Raspberry Pi

by Crypto Oracle November 15, 2023

The Raspberry Pi Foundation, a UK-based nonprofit organization dedicated to computer education, and the federal government of Nigeria have partnered with the intention of establishing Code Clubs across the country. Students between the ages of 7 and 17 are the target audience…

Coins

SEC Touts $5 Billion in Penalties After Year of Crypto Dragnet

by 'Femi Michael November 15, 2023

SEC highlights cases against Wall Street brokers, crypto firms Enforcement division brought over 700 actions last year The US Securities and Exchange Commission said that its enforcement actions during fiscal year 2023 led to almost $5 billion in fines and money ordered…

Coins

Ripple exec reiterates need for tech-neutral crypto regulations

by 'Femi Michael November 15, 2023

Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations. A Ripple executive has re-emphasized the need to adopt a…