The DeFi space had a busy week with several significant developments. The highly anticipated Shapella upgrade on Ethereum's mainnet was successfully completed, allowing validators to withdraw their staked Ether after…
Web3 technology has brought about significant transformations in Africa, particularly in the realm of finance. Blockchain technology and cryptocurrency have facilitated greater transparency and control over finances, leading to the…
The Chief Executive Officer of the American investment firm BlackRock, Larry Fink, sent an annual letter to the board of directors in which he emphasized the possibilities of digital assets…
Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia. This move comes off as one of Fasset’s international expansion moves since…
It is largely believed that one of the primary reasons Satoshi Nakamoto invented Bitcoin (BTC) was to solve the financial inequality amongst people. The design of the digital currency and…
The Central Bank of Nigeria (CBN) has named the fintech firm Bitt Inc. as a technical partner for its digital currency project, the e-naira. As a technical partner, Bitt is…
The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is…
The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution is studying the possibilities of…
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion…
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial solutions in a controlled environment. Already, one…