Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey
On Thursday, California-based bitcoin voucher firm Azteco revealed it had garnered $6 million in seed funding by means of a spherical spearheaded by Block, Inc.’s...
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
On March 1, 2023, Nellie Liang, undersecretary for home finance on the U.S. Treasury, delivered a speech to the Atlantic Council in Washington in regards...
Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion
Egyptian fintech MNT-Halan introduced on Feb. 1 that it had raised over $340 million by way of debt and fairness and it expects to lift...
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission
According to the International Monetary Fund (IMF)’s mission concluding assertion, Nigeria’s rising inflation price in addition to the persevering with scarcity of overseas forex are...
Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked
Between 2011 and 2021, the share of the world’s grownup inhabitants that had financial institution accounts rose from 51% to 76%, the findings of the...
Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change
As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm...
Nigerian President Muhammadu Buhari to Unveil Country’s CBDC
The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the...
Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has...