Category: Cryptocurrency
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PayPal’s Crimax Deal: A New Era for Pan-African Digital Transactions
PayPal’s deal with Crimax signals a shift toward deeper collaboration between global payment giants and African-grown fintechs, with big implications for how Africans send, receive, and spend money across borders and within the continent’s digital economy. [1][2] Setting the stage: PayPal’s new Africa play For years, PayPal treated Africa largely as a “send-only” market, limiting…
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Bitcoin is falling while Gold is hitting record highs…
Updated U.S. inflation data for July, August, and September (PCE) is expected to be released today, which could change the situation for BTC. ➠ Current picture:▪️ BTC: -30% from ATH.▪️ Gold and Silver: new all-time highs.▪️ S&P 500 and Nasdaq: just a step away from ATH. ➠ Defensive assets are overheated▪️ Gold is trading +25%…
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🇬🇭 Ghana Passes Law to Legalize Widespread Use Of Cryptocurrency
Ghana’s parliament approved the legalization of cryptocurrency, a move to address central bank concerns about the widening and unregulated use of the alternative asset in the West African country. Passage of the Virtual Asset Service Providers Bill will facilitate the licensing of crypto platforms and supervising activity, Bank of Ghana Governor Johnson Asiama said at…
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How Will Ripple Compete With Solana After the Western Union Deal? XRP Price Prediction
· In the rapidly evolving world of blockchain and digital payments, a new competitive front has emerged between two major players: Ripple’s XRP and Solana. The recent announcement that Western Union will build its stablecoin on Solana’s blockchain has sent ripples through the cryptocurrency space, particularly within the XRP community that has long positioned the…
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Western Union Announces USDPT Stablecoin on Solana and Digital Asset Network
DENVER–(BUSINESS WIRE)– The Western Union Company (“Western Union”) (NYSE: WU) today announced its plan to launch U.S. Dollar Payment Token (USDPT), its new stablecoin, and an innovative Digital Asset Network designed to bridge the digital and fiat worlds, enabling real world utility for digital assets. Built on Solana and issued by Anchorage Digital Bank, Western…
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🇺🇬 MTN Uganda CEO Warns on Cybersecurity
The rapid rise of financial technology, mobile money, and e-services has transformed Uganda’s economy and connected millions of people. But alongside this digital progress has come a new threat—cybercrime. Fraud, scams, and data breaches are increasing sharply, putting at risk not only money but also public trust in the digital systems that now power everyday…
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Donald Trump Jr. Invests in Struggling Thumzup Media Corp. as Company Shifts Strategy to Bitcoin Accumulation
Pan African News Blog Los Angeles, USA – Donald Trump Jr., son of former U.S. President Donald Trump, has taken a stake in Thumzup Media Corp., a struggling marketing and media company that has recently begun accumulating Bitcoin (BTC) as part of its treasury strategy. The move comes as the firm seeks to pivot from…
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Bank of Ghana Declares 50 Loan Apps Illegal: What This Means for Fintech in Africa
By: Tekpwfari Stix El| panafrican.email Date: May 31, 2025 — Introduction In a decisive move to regulate the fast-growing digital lending space, the Bank of Ghana (BoG) has declared 50 digital loan apps illegal, citing consumer abuse, data privacy violations, and failure to obtain proper licensing. The announcement has sparked intense public debate on financial…
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Afrostar: Africa’s Ambitious Leap into the Crypto Frontier
As the global cryptocurrency landscape evolves, Africa is making its mark with Afrostar (AFRO), a digital currency aiming to unify and empower the continent’s financial ecosystem. Positioned as “The United Digital Currency of Africa,” Afrostar seeks to bridge economic disparities and foster financial inclusion across African nations. What is Afrostar? Afrostar is a cryptocurrency project…
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How to Win Followers and Scamfluence People
Format Boy makes a living teaching Yahoo Boys, notorious West African scammers, how to use AI and deepfake technology to ensnare their next victims. AS SOON AS Format Boy answers the phone, I recognize his booming voice. I’ve spent weeks immersed in the influencer’s back catalog of videos and voice notes. Format Boy isn’t like other…
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𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .