Binance has hired former HSBC South Africa global banking head Hannes Wessels to lead its South African operations. Wessels has been at HSBC for 22 years, serving in senior executive …
Cryptocurrency
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UN Trade Body Calls to curb Crypto rise In Developing Nations
The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs published on Wednesday. Although private digital currencies have rewarded …
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AfricaBusinessCryptocurrencyFinance & ServicesGlobal NewsNigeriaTechnologyWestern Africa
Xend Finance launches Digital Payment API For Businesses
Xend Finance, a global crypto bank, has announced the launch of XendBridge, a digital payment API, and SwitchWallet, a free public wallet infrastructure. The launch of XendBridge and SwitchWallet add …
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AfricaBinanceCryptocurrencyEducationNigeriaWestern Africa
Binance takes blockchain education to northern Nigeria
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has collaborated with Edubox Global, a leading platform facilitating opportunities for the education of Africans, to launch a crypto education tour …
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Russia bans purchases made with cryptocurrency – but investments remain legal. Russian president Vladimir Putin has vowed to ban cryptocurrency payments with a new law that would make paying with …
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The United Nations has asked Kenya and other developing countries to regulate and tax the cryptocurrency industry to limit exposure to the meltdown in the crypto market and risks of …
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CryptocurrencyGlobal NewsTechnology
Bitcoin price would hit all-time high within the next 24 months – CoinShares
Within the next 24 months, the flagship cryptocurrency, Bitcoin will reach a new all-time high. Meltem Demirors, the Chief Strategy Officer at CoinShares, made this prediction while speaking on CNBC’s Squawk Box. …
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The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s …
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AfricaBusinessCryptocurrencyTechnologyWestern Africa
Zhao visits West Africa, donates funds for community education workshops
The Founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, Changpeng Zhao, recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across …
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Bitcoin dropped below $20 000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening. …