The Central Bank of Nigeria (CBN) has pledged more measures to jumpstart the low adoption of its digital currency, the eNaira. The move comes after Zimbabwe recently ordered that all…
Egyptian B2B fintech, SETTLE, has raised a $2 million pre-seed round and is looking to accelerate its transition into the global market and further develop its platform with a focus…
Stablecoins are increasingly finding adoption for non-crypto activities, in contrast to their original use-case as a bridge to crypto-assets. Stablecoin transaction volume from Visa’s Onchain Analytics platform According to one…
Regfyl, a Nigerian digital identity verification and fraud detection startup, has raised $1.1 million in a pre-seed funding round. Established in 2023 by Tunde Ibidapo-Obe and Tomiwa Erinosho, Regfyl has…
RubyX, a lending startup in Senegal, has received UR400,000 ($440,000) from Proparco, a French development finance institution. The loan was facilitated by Bridge by Digital program which is backed by…
The Human Rights Foundation (HRF) has announced its most recent round of Bitcoin Development Fund grants. According to the organization, 20 different projects from all over the world have begun…
Cryptocurrencies have become an integral part of the financial world in recent years. The European Union, recognizing this fact, has developed a comprehensive regulatory framework called Markets in Crypto-Assets (MiCA),…
Soramitsu and the Nigerian Institute of Social and Economic Research (NISER) have entered into a strategic partnership for the promotion of blockchain technology research, capacity building, and application in Nigeria.…
Accessing cryptocurrency remains the primary use case for stablecoins in emerging markets, accounting for 50% of stablecoin use. However, accessing dollars closely follows at 47%, with generating yield ranking third…
The gig economy is now an essential part of the global labor market, consisting of flexible, short-term work. In a country like Nigeria, where the formal employment scale is small,…