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Viewpoint: Cryptocurrencies: Africa’s New ‘Blood Diamonds’
Central African Republic (CAR), the world’s second-poorest country, is nowhere near ready for payments via cryptocurrencies. Yet CAR’s authorities threaten significant fines and other penalties on vendors who refuse to accept bitcoin for payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cypher Capital Launches $100 Million Blockchain Fund, With an Aim to Invest 40% Of It in Crypto Startups in India
Cypher Capital, a private venture capital firm, announced the launch of a $100 million blockchain fund, and it aims to invest 40% of it in Indian cryptocurrency and blockchain startups.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Jambo Secures $7.5 Million in Seed Funding to Build Africa’s web3 ‘Superapp’
African web3 startup Jambo has raised $7.5 million in a seed funding round that involved notable investors from the crypto space, the company announced on Monday.
- Region
- Global
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India/U.S.-Based Crypto Investing Platform Raises Another $6.5 Million
Crypto investing platform, which was founded in 2018, has raised $6.5 million in a pre-series A round from Arkam Ventures, Tribe Capital, and Bolt by QED Investors.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Nestcoin Raises $6.45 Million in Pre-Seed Capital to Accelerate Crypto and web3 Adoption in Frontier Markets
Nestcoin, a company building, operating, and investing in web3 applications, announces that it has raised $6.45 million in pre-seed capital.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Report: Fintech Funding in Southeast Asia Triples to Record $3.5 Billion This Year
Financial technology funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 billion, a report showed.
- Categories
- Finance, Technology
- Region
- South Asia
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How Blockchain Can Support Social Impact: Three Innovative Use Cases that Highlight its Potential
When it comes to blockchain technology, cryptocurrencies like Bitcoin seem to dominate the headlines, whereas blockchain itself – cryptocurrencies’ underlying technology – often gets overlooked. But according to Raj Jain at the Social Finance Fund, blockchain may actually have a more compelling future than cryptocurrency – and the technology is flourishing in a variety of different spaces, including the social impact sector. He highlights three organizations that are putting blockchain to innovative use in social impact.
- Categories
- Investing, Technology
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Press Release: Tala, Fintech for the Underbanked, Raises $145 Million To Expand Globally and Into Crypto
Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand borrow, save and money management options across Kenya, the Philippines, Mexico, India and the United States, including crypto offerings.
- Categories
- Finance
- Region
- Global
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