Mastercard has partnered with Binance, the world’s largest cryptocurrency exchange, to launch a new prepaid crypto card in Brazil. The Binance Card, issued by Dock, a payment institution regulated by …
Cryptocurrency
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AfricaAFRICA NEWSCryptocurrency
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K
by Editorby EditorClients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at …
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Cryptocurrency
FTX recruited customers in Africa by signalling that crypto would protect them from soaring inflation
by Editorby EditorFTX promoted its exchange in Africa by signalling that investing in crypto could help stop people’s money from being devalued by high inflation, according to the Wall Street Journal. The …
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AfricaAFRICA NEWSCryptocurrency
Nepal Orders Internet Providers to Block Crypto-Related Websites
by Editorby EditorNepal’s authorities have once again taken steps to block cryptocurrency-related activities. In a Jan. 8 notification, Nepal’s Telecommunications Authority instructed all internet service providers (ISP) to prevent operating and managing …
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AfricaAFRICA NEWSCryptocurrency
Binance employees to adhere to 90-day period prior to trading
by Editorby EditorCrypto exchange Binance has been a major talking point since the downfall of FTX, both inside and outside of the crypto industry. The company and its founder, Changpeng “CZ” Zhao, …
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AfricaAFRICA NEWSCryptocurrency
Crypto contagion deepens: Coinbase to lay off about 950 employees
by Editorby EditorCoinbase Global Inc. said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layoffs …
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After a storming year in 2021, Bitcoin’s value declined significantly in 2022, dropping as low as $15,757 in November. The world’s largest cryptocurrency didn’t start the year well, having its worst …
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AfricaAFRICA NEWSBanking, Finance & InvestmentCryptocurrencyUncategorized
Access Bank disowns fake news on cryptocurrency platform
Contrary to an unsubstantiated report circulating on the internet, Access Bank Plc has not launched any Bitcoin bank or introduced a cryptocurrency product. A statement by the Bank’s management dissociated …
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AfricaAFRICA NEWSCryptocurrency
South Korea says crypto fugitive Do Kwon is hiding in Serbia
by Editorby EditorDo Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that roiled the crypto assets market in May, is hiding in Serbia, according to South Korean …
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BinanceCryptocurrency
Crypto Exchange Binance Introduces Payments Service for Customers
by Editorby EditorU.S.-based customers of the Binance exchange’s Binance.US unit are now able to use the Binance.US Pay payments system to send money on their mobile app. The feature has been available …