REGULATION | KuCoin to Charge 7.5% Value Added Tax (VAT) on Crypto Transactions in Nigeria Following ‘An Important Regulatory Update’

Crypto exchange, KuCoin, says it will start collecting a 7.5% value-added tax on trading fees from its Nigerian users starting from July 8 2024.   “We are writing to inform…

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LAUNCH | Unstoppable Domains Launches First Buy and Sell Marketplace for Tokenized ‘.com’ Domains

Leading Web3 domains and digital identity provider, Unstoppable Domains, has announced the launch of the Unstoppable Marketplace for Web3 and – for the first time in the industry – tokenized…

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Electronics Giant, Sony, to Launch Crypto Exchange Dubbed S.BLOX as it Intensifies Web3 Presence

Japanese electronics giant, Sony, plans to re-launch the crypto exchange, WhaleFin, which it bought from digital asset platform, Amber Group, in 2023. According to a press release, WhaleFin has been…

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PARTNERSHIP | DahabShiil, Africa’s Oldest Remittance Operator, Enters Deal with M-PESA Ethiopia to Facilitate Diaspora Remittances

East African money transfer service, DahabShiil, and Safaricom Ethiopia’s M-PESA, have signed a partnership that will enable the Ethiopian diaspora to send money directly to M-PESA mobile wallets. The partnership…

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FINTECH AFRICA | Interswitch Verve Cards Outpacing MasterCard, VISA in Nigeria, Now With Over 50% Market Share

Verve cards are gaining popularity over MasterCard and VISA cards as Nigerian fintech companies prefer the local and easily accessible option. According to data published on Statista: Verve holds 54%…

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Pan African Crypto Exchange, Mara, Rebrands to Jara Amidst Bankruptcy Claims, 2 Years After Raising $23 Million

Pan-African crypto company, Mara, founded by Chinyere ‘Chi’ Nnadi, Lucas Llinas Munera, Kate Kallot, and Dearg OBartuin in 2021, which made headlines in 2022 when it raised $23 million in…

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REGULATION | Zambia Working with Tony Blair Institute and the EU to Establish an Artificial Intelligence Framework and a Startup Bill, Says ICT Minister

Zambia’s Minister of Science and Technology, Felix Mutati, has announced that the government is in the process of establishing an Artificial Intelligence (AI) Framework. Mr Mutati, who shared a press…

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