A recent analysis of global cryptocurrency transactions by Chainalysis sheds light on the unique nature of Sub-Saharan Africa’s crypto market, which represented just 2% of global activity between July 2021 and June 2022. For example, although large transactions fueled by investors and financial institutions helped...
Today in Europe, the Middle East and Africa (EMEA) news, two Swedish delivery firms plan to merge, while Indian AgriTech startup Ninjacart launches a platform to help boost trade with the United Arab Emirates and Gulf Corporation Council (GCC) countries. Swedish Last-Mile Delivery Firms Instabox,...
The city of Miami is the first jurisdiction to put a cryptocurrency in place via CityCoin, which is a city-based token, according to a press release. It’s called MiamiCoin. The city has voted to approve around $5 million worth of the cryptocurrency. The coin represents...
Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Executives said on Thursday (Aug. 27), in a request for a jury trial, that Mukhiddinov’s reported theft was discovered May 21...
November 19, 2024
PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card are the first users. “Cross-border transactions are an important driver […]
September 27, 2021
The city of Miami is the first jurisdiction to put a cryptocurrency in place via CityCoin, which is a city-based token, according to a press release. It’s called MiamiCoin. The...
August 27, 2020
Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Executives said on Thursday (Aug. 27),...
March 08, 2020
Nigerians will be able to buy bitcoins with cash, providing a pathway into cryptocurrency for those who were previously financially excluded. The country has seen more interest than usual in...
