Lagos, Nigeria – Kenya based fintech innovator Honeycoin has closed a $4.5 million Series B funding round to scale its stablecoin payment infrastructure across the continent, in a deal that signals growing institutional confidence in crypto-powered remittances and trade finance. The round—led by Pantera Capital with participation from Standard Bank and Flutterwave—values the based startup at…
Johannesburg, South Africa – South Africa’s leading financial institutions have initiated a large-scale rationalization of their ATM networks as digital payment adoption reaches record levels, according to operational plans filed with the South African Reserve Bank (SARB). The coordinated three-year reduction strategy will see 4,200 ATMs (38% of the national fleet) decommissioned by 2027, fundamentally reshaping…
By Antonio Omambia. – August 2025 In a pivotal moment for the global crypto industry, the United States has passed landmark bipartisan legislation that firmly plants blockchain at the heart of its economic future. The CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act mark a seismic shift in how digital assets are viewed—not as…
Lagos, Nigeria – In a watershed moment for African fintech, payments giant Visa has partnered with crypto platform Yellow Card to create the continent’s first regulated stablecoin payment corridor, enabling near-instant cross-border transfers across 20 African nations using USDT and USDC. The system, set to go live in Q4 2024, could slash remittance costs by…
Nairobi, Kenya – The Kenyan government has unveiled its most comprehensive cryptocurrency regulatory framework to date through the Kenya Competition (Digital Asset Markets) Rules, 2024. These draft rules – currently open for public comment – represent a seismic shift in how crypto businesses must operate, with stringent requirements that could force half of existing platforms…
