Nestcoin-owned Onboard expands crypto exchange services into Kenya
The crypto company wants to expand into other markets in the Global South.
News
Egypt plans to launch its CBDC in 2030
Presently, the country wants to work on improving its economy and increasing financial inclusion.
Severely devalued naira expected to perform at poorest ever in 2024 — Bloomberg
The naira was one of the worst-performing currencies in 2024, and experts see the trend continuing in 2024.
Nigeria authorizes banks to open accounts for crypto companies
But there's a catch: cryptocurrency companies must first secure a license from the country's capital markets regulator.
🟠 More African crypto regulations
Plus:
🇰🇪 Worldcoin moves to resume operations in Kenya
IMF calls for stricter rules for “risky” and “poorly-backed” crypto
The international organization has instead encouraged blockchain adoption in traditional financial systems.
Worldcoin moves to resume operations in Kenya
“Worldcoin is working directly with regulators to meet Kenya’s requirements, particularly as the Assembly considers new regulations,” a source said.