Zimbabwean Minister Says Cryptocurrency Based Solutions ‘Could Lower Charges for Diaspora Remittances’
The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre...
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services...
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper...
US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on...
The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading...
Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African...
Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments...
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that...
Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later
The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of...
Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year
On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during...