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Article by Steve Kaaru

Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
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1 May, 2024

Nigeria’s blockchain industry banks on new digital currency friendly SEC chief

President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian...
Turkey tops list for stablecoin purchases versus GDP
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30 April, 2024

Turkey tops list for stablecoin purchases versus GDP

Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having...
Coca-Cola inks $1.1 billion AI partnership with Microsoft
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29 April, 2024

Coca-Cola inks $1.1 billion AI partnership with Microsoft

Coca-Cola first announced the partnership in 2020, back then worth $250 million, but is scaling it up to include testing...
Mauritania commissions Germany’s G+D to design CBDC
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29 April, 2024

Mauritania commissions Germany’s G+D to design CBDC

The prospective CBDC, called the digital ouguiya, will “advance the digital transformation” and boost financial inclusion in Mauritania, the central...
South Africa’s digital payments roadmap includes CBDC, stablecoins
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28 April, 2024

South Africa’s digital payments roadmap includes CBDC, stablecoins

South Africa is marching toward Vision 2025 payments digitalization, with the central bank identifying stablecoins and a retail CBDC as...
Nigeria’s central bank denies directive to freeze digital asset bank accounts
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27 April, 2024

Nigeria’s central bank denies directive to freeze digital asset bank accounts

After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid...

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