BitKE

The Capital Markets Authority of Kenya (CMA) has approved and admitted three fintechs as its first applicants into the regulatory sandbox launched early this year.
The fintechs

Early-stage Tunisian startups now have the chance to join a world-class venture accelerator that offers funding, mentorship, and access to global investors.
216 Capital, in partnership with global innovation platform, Plug and Play, has launched the 216 Capital Venture Accelerator – a six-month

The FSCA has licensed 75 crypto asset service providers in South Africa, allowing them to offer advice, intermediary services, and investment management. The authority continues to process 374 applications and emphasizes that crypto assets are not recognized as currency.

In May 2024, Solana saw a surge in token creation with nearly 455,000 new tokens, primarily memecoins, due to simplified processes via the Pump.Fun platform. This trend follows strong performances from other networks like Base and BNB Chain, indicating a shift in token launch preferences.

The Nigerian SEC warned investors against the $DAVIDO meme coin, highlighting risks and lack of regulatory recognition. The commission cautioned that meme coins are speculative and advised against investing, referencing previous scams linked to the artist.

Blockfinex has acquired Fluidcoins, a Nigerian crypto payment gateway, to expand into Wallet-as-a-service and global crypto processing. The acquisition includes Fluidcoins' products and aims to launch BlockPay while supporting existing clients.

SWIFT has announced that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
SWIFT already has kicked off work with a group of more

DFS Lab, an early-stage investor in Africa, in partnership with the Stellar Development Foundation, a non-profit entity that aids in the advancement and expansion of the Stellar network, has launched the DFS Lab Stellar Africa Fund I to support promising entrepreneurs and teams in Africa who seek to

[UPDATE: The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February 2024 as previously advised. Instead, the consortium, which is comprised of banks and fintech startups, said it plans to launch the stablecoin only after it gets the green light from the

The CEO of Gluwa, Tae Oh, has paid a courtesy call to the Vice President of Nigeria, Kashim Shettim, as a display of commitment to enhancing the digital and creative industries in Nigeria.
The discussion served as an exploratory platform for potential collaborative efforts to enhance Nigeria’s digi

The financial sector is undergoing a pivotal transformation. While digital financial services have revolutionized accessibility and convenience, they have also introduced challenges such as regulatory uncertainty, inefficiencies in cross-border transactions, fraud risks, and high costs that still li

Whatsapp has announced it is rolling out a new feature called ‘Communities’ over the coming two months enabling users to bring together separate groups under one umbrella.
According to Whatsapp, the feature will let people receive updates sent to the entire Community and easily organize smaller

DLM Trust denied claims of a partnership with Patricia Technologies, citing breaches of agreement. While DLM ended its role as Escrow Trustee, Patricia insists repayment plans will proceed despite the disruption and customer frustrations from previous withdrawal issues.

EigenLayer, introduced on the mainnet in June 2023, comprises a set of smart contracts operating on the Ethereum blockchain. These contracts enable Ethereum (ETH) stakers to validate additional projects using their staked $ETH, known as ‘restaking.’
Currently, over 28 million ETH are staked to