According to the Financial Action Task Force (FATF), scammers, terrorist organisations, and other illicit actors continue to utilise virtual assets to fund the spread of weapons of mass destruction.
According to a recent study from FATF, "the DPRK continues to steal or…
In June 2024, startups in the Middle East and North Africa (MENA) area raised $116 million, a 59% decrease from May 2024.
$15 million was raised by four Egyptian businesses, which is the second-highest amount after the United Arab Emirates (UAE), whose…
With an initial $2.5 million rollout, Innovate Africa Fund, an angel investment fund, assists early-stage creators who are moving their firms from conception to product.
The sector-agnostic fund, co-founded by Kristin Wilson and Christian Idiodi, intends to assist up to 20 entrepreneurs…
The top wallet on the TONNE blockchain is TonKeeper, which lets users buy eSIM and gift cards with cryptocurrency in addition to providing staking services and private dApp browsing. According to Oleg Andreev, CEO of TONNE App, a directory of all the…
Former Paxful Chief Technology Officer (CTO) and co-founder Artur Schaback has entered a guilty plea to criminal offences in the US.
The Department of Justice (DOJ) in the United States declared on July 8, 2024, that Schaback had entered a guilty plea…
Pan-African remittances startup Nala has secured $40 million in a series A round led by CEO Benjamin Fernandes, making it one of the largest in African tech history.
Acrew Capital, a venture capital firm based in San Francisco, led the round. Other…
In order to protect national security, the National Information Technology Development Agency (NITDA) will create the native blockchain known as "Nigerium," according to NITDA Director-General Kashifu Inuwa Abdullahi. In addition to stating that the ultimate objective is to get the public and…
In order to be permitted to conduct business in the nation, Virtual Asset Service Providers (VASPs) must open a local office, according to the Nigeria Security Exchange Commission (SEC Nigeria).
The Framework on Accelerated Regulatory Incubation Programme (ARIP) For The Onboarding Of…
A recent 2023 research states that women hold 42% of cryptocurrency in Kenya, placing the nation first in Africa and third globally in terms of "crypto equality."
In order to examine the discrepancy in gender representation in leadership and influential roles within…
Thirty investigations into illicit financial services related to cryptocurrency are presently being conducted in South Africa by the Financial Sector Conduct Authority (FSCA). This is supported by the organization's most recent regulatory activities report, which lists the safeguards in place to allow…