SWIFT Aims to Test Tokenization in 2022, Clearstream, Northern Trust, SETL to Participate
SWIFT, the Belgian-based cooperative that serves as an middleman and settlement executor of monetary transactions between banks worldwide is planning to experiment with asset tokenization...
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
The impartial funding fund led by Kraken alumni that’s targeted on early-stage firms and protocols, Kraken Ventures, introduced the profitable closing of its first fund...
South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise
Tymebank, a South Africa-based digital financial institution, lately accomplished its Series B funding spherical with $70 million invested within the agency by Tencent and U.Okay....
Ukrainians Offered New Crypto Services, Bitcoin Cards
Along with the rising reputation of cryptocurrencies, Ukrainians are having fun with an increasing vary of associated companies and merchandise. Besides new choices to purchase...
Kenya Based Fintech Kwara Raises $4 Million in Seed Round
A Kenya based mostly fintech, Kwara has raised $4 million in a seed spherical that was led by Breega VC agency. The funds will likely...
Experts Believe a Common African Cryptocurrency Can Boost Trade and Sustain Growth After Covid-19
Some financial specialists from Africa have urged that the continent now wants a typical cryptocurrency and an built-in capital market to spice up commerce and...
Report: Nigerian Fintechs Account for Nearly 91% of $417.5 Million Raised by Tech Startups within the Country
According to an evaluation of the $417.5 million that was raised by Nigerian tech startups throughout the first 9 months of 2021, fintech corporations accounted...
Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions
The Ghanaian authorities’s proposal to introduce a 1.75% levy on digital transactions was just lately rejected by a minority of lawmakers who insist the brand...
IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including...
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by...