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Wall Street Sees Bitcoin’s Legacy as Payment System: Currencies
While a Texas Senate candidate is accepting Bitcoin campaign donations, and Overstock.com customers can use the technology to buy engagement rings, Wall Street sees its future more as a payment system than a currency.
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- Uncategorized
- Tags
- digital payments
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Kenya plans heavy penalties for rogue mobile subscribers and operators
Kenya plans to tame rogue mobile subscribers and operators through stiffer penalties in a new set of laws to be published this week.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- governance, mobile finance
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Ghana to limit microfinance licenses
Bank of Ghana (BoG) seeks to put a ceiling on the rising number of microfinance companies in the country.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- governance, microfinance
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Africa: Leveraging the Continent’s Resources to Finance Vital Infrastructure
The African Development Bank has a triple-A designation from international credit rating firms and has tripled its capital base since 2010.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Let Me Keep My Cash: The challenge of digitizing wages in Bangladesh’s garment sector
In the search for ways to jump-start the use of electronic money, some proponents are focusing on the digitization of wage and salary payments. But InterMedia’s latest research in Bangladesh suggests that convincing workers to embrace cashless payments may not be a slam-dunk.
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- Uncategorized
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Equity Crowdfunding Rules in the U.S.: 15 Things Every Entrepreneur Needs to Know Now
Equity crowdfunding promises to open up a new financing source for thousands of capital starved businesses around the country. Many entrepreneurs are wondering what this means for them and don’t have time to digest the complex 585 page rule proposal.
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- Uncategorized
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- crowdfunding, governance
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LeapFrog Investments backs Petra Trust
LeapFrog Investments has taken a stake in Petra Trust. The business is a pension trustee company based in Ghana.
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- Uncategorized
- Tags
- impact investing
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Will taxes kill mobile money in Africa?
One sector continues to show growth in Africa and demonstrate the genuine potential the continent has to leapfrog global counterparts: mobile money services. However, recent media reports have highlighted one controversial aspect of the mobile money transfer market that continues to generate news headlines: taxation on mobile money services offered by network operators.
- Categories
- Uncategorized
- Tags
- governance, mobile finance
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