As South Africa emerges from the second wave of coronavirus after several weeks of receding numbers of new COVID-19 cases. The President announced a return to Level 1 of the …
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Solar panels in Sahara could boost renewable energy but damage the global climate
The world’s most forbidding deserts could be the best places on Earth for harvesting solar power – the most abundant and clean source of energy we have. Deserts are spacious, …
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China becomes the first country to pilot phase its national digital currency
The Central Bank of the People’s Republic of China electronic Chinese yuan is now being tested in major cities such as Shenzhen, Shanghai and Beijing. Early last year, China started …
Cryptocurrency has been under attack in recent weeks. The month of February witnessed a drastic drop in the prices of most digital assets with the price of Ethereum falling to …
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IMF Says Central Bank will face pressure if it fails to digitise its currency
The International Monetary Fund (IMF) estimates that central bank currencies will confront major obstacles in a rapidly digitizing financial system. In a recent blog post, the IMF said that as …
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CBN Governor says cryptocurrency threatens the safety of Nigeria’s financial system.
Following the announcement of the Central Bank of Nigeria prohibiting the banking sector from servicing crypto exchanges. The testimony of the governor of the Central Bank of Nigeria justifies the …
Recently, the Central Bank of Nigeria released draft regulations for the Open Banking framework. In a clear term, the Open Banking framework is tailored towards integrating various stakeholders within the …
With the launch of Dify, an in-browser cashback and digital wallet for online shopping, the Internet Company is gaining entry into the financial sector. It first launched in Spain and …
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PrivateFly a private aviation company records more sales from its bitcoin travellers
According to PrivateFly, a Private aviation company, approximately 20% of its yearly revenues now come from travellers paying with bitcoin. With the growing popularity of cryptocurrency, some airlines now accept …
Bamboo Real Estate and Construction Limited, a leading provider of comfortable land and housing, innovation and technology has announced that it will start accepting cryptocurrency payment starting from February 2021. …