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Stablecoins

Nigerian banks to launch naira-pegged stablecoin cNGN in February
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8 January, 2024

Nigerian banks to launch naira-pegged stablecoin cNGN in February

The new stablecoin will be overseen by the Africa Stablecoin Consortium, which includes leading commercial banks, the central bank, and...
SEC adds Terraform Labs unregistered securities ruling to Binance, Coinbase suits
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5 January, 2024

SEC adds Terraform Labs unregistered securities ruling to Binance, Coinbase suits

The U.S. regulator is looking to get the upper hand in its case against Binance and Coinbase, using its recent...
Hong Kong consultation paper hints at new stablecoin regulation
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4 January, 2024

Hong Kong consultation paper hints at new stablecoin regulation

Despite the risks posed by stablecoins, Hong Kong regulators are keen to approve the tokenized assets, but not without reservations,...
eNaira low adoption pushes Nigerian banks to develop stablecoin
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3 January, 2024

eNaira low adoption pushes Nigerian banks to develop stablecoin

The cNGN stablecoin will not be a substitute to eNaira, which recorded dismal adoption figures since its inception, but would...
India targets ‘offshore’ exchanges; China takes aim at Tether conversions
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2 January, 2024

India targets ‘offshore’ exchanges; China takes aim at Tether conversions

India's FIU issued 'compliance show cause' orders to nine digital asset exchanges alleging them of "operating illegally without complying" with...
Centi closes seed financing round led by Archblock and Bloomhaus Ventures, advancing blockchain based micropayments and financial inclusion
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20 December, 2023

Centi closes seed financing round led by Archblock and Bloomhaus Ventures, advancing blockchain based micropayments and financial inclusion

Centi is poised for global expansion following the completion of its seed financing round, a feat that would help promote...
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