News

Tether Invests $5 Million in Kotani Pay to Scale Stablecoin-to-Mobile Money Bridges Across Africa

admin7 months ago7 months ago06 mins

Nairobi, Kenya – Tether, the issuer of the world’s largest stablecoin USDT, has announced a strategic $5 million investment in Kenyan blockchain startup Kotani Pay, marking a significant commitment to solving Africa’s last-mile financial inclusion challenges. The investment will accelerate the development of seamless off-ramp infrastructure that converts USDT to local mobile money currencies, potentially reaching…

Nvidia Expands African Footprint with Strategic Stake in Cassava Technologies.

admin7 months ago7 months ago06 mins

Nairobi, Kenya – Global technology leader Nvidia has acquired a significant minority stake in pan-African digital infrastructure provider Cassava Technologies, marking one of the largest-ever investments by a global tech giant in Africa’s digital ecosystem. The strategic partnership, valued at approximately $200 million, aims to accelerate the deployment of artificial intelligence infrastructure and computing capabilities across…

VALR Granted ODP and FSP Licenses by FSCA: South Africa’s Crypto Market Enters New Regulatory Era

admin7 months ago7 months ago06 mins

Johannesburg, South Africa – South African cryptocurrency exchange VALR has secured licensing from the Financial Sector Conduct Authority (FSCA), receiving both an Over-the-Counter Derivatives Provider (ODP) license and Financial Services Provider (FSP) authorization. This dual licensing achievement positions VALR as South Africa’s most comprehensively regulated digital asset platform and sets a new benchmark for crypto regulation…

Zepz Launches SendWave Stablecoin Wallet: Revolutionizing Africa’s $100B Remittance Market

admin7 months ago7 months ago05 mins

London, UK – Digital remittance giant Zepz has launched SendWave Stablecoin Wallet, a groundbreaking mobile application that enables instant, low-cost cross-border payments across Africa using USDC and other major stablecoins. The launch represents the most significant entry of a traditional fintech player into Africa’s digital asset space and could potentially disrupt the continent’s $100 billion remittance…

Kenya Parliament Passes Landmark Crypto Asset Law, Establishing Comprehensive Regulatory Framework

admin7 months ago7 months ago06 mins

Nairobi, Kenya – In a historic move that positions Kenya as a African digital asset leader, Parliament has passed the groundbreaking “Virtual Asset Service Provider Act, 2025,” creating East Africa’s first comprehensive regulatory framework for cryptocurrency and blockchain technologies. The legislation, approved with overwhelming bipartisan support, establishes clear guidelines for crypto exchanges, token offerings, and blockchain…