Category: Digital Currency
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🇿🇦🇰🇪🇳🇬 Top 10: Financial Services Platforms in Africa
Explore Africa’s top 10 financial services giants like Standard Bank, M-Pesa and Flutterwave, driving institutional growth and fintech innovation in Africa The African financial landscape is currently defined by a unique dual-track evolution, where established banking institutions with century-long legacies operate alongside agile fintech disruptors. Success in this modern era is no longer measured solely…
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🇨🇳🇺🇸Chinese Silk Typhoon Hacker Extradited to U.S. Over COVID Research Cyberattacks
A Chinese national accused of being a member of the Silk Typhoon hacking group has been extraditedto the U.S. from Italy. Xu Zewei, 34, was arrested in July 2025 by Italian authorities for his alleged links to the Chinese state-sponsored threat group and for orchestrating cyber attacks against American organizations and government agencies between February 2020 and June…
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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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Inside Myanmar’s Cybercrime Underworld: A Times Reporter’s Rare Glimpse into a War-Zone Scam Hub
In a shocking investigation, Hannah Beech, a correspondent for The New York Times, managed to gain rare access inside one of Myanmar’s secretive cyberscam centers—a place where digital scammers, many of them Chinese nationals, are orchestrating global fraud operations in the middle of a chaotic war zone. These centers, often located in conflict-torn border regions,…
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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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Xsolla teams up with Early Warning Services to enable Paze℠ to streamline online checkout for U.S. gamers
At Xsolla, we believe that delivering convenient, secure, and innovative payment solutions is essential to the success and long-term growth of game developers around the world. Every solution we build is designed with the developer’s business needs and the player’s experience in mind because games thrive when payments are seamless. As part of our ongoing…
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Leading Fintechs in Pan-African Countries
Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Côte d’Ivoire, and Gambia���. Funding Leaders: Nigeria, South Africa, and EgyptNigeria is the continent’s powerhouse, often drawing a third…
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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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Africa: Jiji Expands Beyond Africa With Bangladesh E-Commerce Entry
African online marketplace Jiji will launch operations in Bangladesh, marking its first expansion outside the continent. The move targets the country’s growing middle class, mobile connectivity, and expanding e-commerce sector, which is expected to reach $13 billion by 2027, according to Payments and Commerce Market Intelligence (PCMI). Jiji operates in seven African countries, including Nigeria,…
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