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MyBucks and Naga Group Team Up to Bring Cryptocurrencies to Emerging Markets
Fintech firms MyBucks and the Naga Group have announced a new partnership to implement Naga’s cryptocurrency wallet within MyBucks’ client interface and existing mobile wallet, enabling some 1.5 million users across Africa, Australia and other countries to manage, send and receive cryptocurrencies.
- Categories
- Inclusive Fintech, Technology
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Crypto Exchanges Coming to the Philippines in Droves
“There are 29 pending applications under different stages of processing, i.e., ongoing evaluation, awaiting submission of documentary requirements, and for presentation of business model.”
- Categories
- Technology
- Region
- Asia Pacific
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Pakistan’s Central Bank Tells Banks to Cut Ties to Cryptocurrencies
In a statement published on the central bank’s website, it states cryptocurrencies are not recognized as legal tender.
- Region
- South Asia
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Reserve Bank of India bars banks from links to cryptocurrencies like bitcoin
RBI, however, has set up a group to study and provide guidance on the desirability and feasibility of introducing a central bank digital currency.
- Region
- South Asia
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Terra Incognita: Africa’s Crypto Boom Is Just Getting Started
Africa is often a forgotten continent in the tech world. However, blockchain is set to boom in a big way across the landscape; in fact, it has already begun to.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- Africa, blockchain, cryptocurrency
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How an African startup built a bitcoin network while crypto’s reputation crumbled
When jobs in banking dried up after the global economic crash in 2008, Elizabeth Rossiello went to work in Africa at several microfinance operations, where she saw firsthand how Kenya’s recently launched M-Pesa mobile money service was transforming payments. Then, Rossiello heard that cryptocurrencies would be the next big thing. In 2013 she founded BitPesa, a digital foreign exchange and payments platform based in Nairobi.
- Categories
- Inclusive Fintech
- Tags
- cryptocurrency
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Refugee charity turns to crypto with $1M donation from Ethereum’s founder and OmiseGo
The crypto industry is often criticized from the outline for creating wealth that exists only in digital form, is unstable and driven by greed. That’s why a new charity initiative from top figures inside the Ethereum community might make a few non-believers sit up for a moment.
- Categories
- Inclusive Fintech
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Indonesia eyes fintech regulation to avoid ‘loan shark-like’ practices
The emergence of these peer-to-peer (P2P) lending platforms, offering loans ranging from as little as a few hundred dollars to several thousands, has so far been welcomed by Indonesia, Southeast Asia’s biggest economy where tens of millions of people have little or no access to bank credit.
- Categories
- Inclusive Fintech
- Region
- Asia Pacific
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