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African Tech Titans vs. Red Tape: How Striking the Right Regulatory Balance Can Advance the Continent’s Economic Future
Africa has emerged as a pivotal player in the global tech marketplace, with a digital economy that’s projected to grow to $712 billion by 2050. Yet according to Seyi Ebenezer at Payaza Africa Ltd., this potential is threatened by regulatory frameworks that struggle to keep pace with the rapid evolution of technology. He explores how overly stringent regulation is impeding business and economic growth in the region, and how regulators can foster innovation while protecting consumers and other stakeholders.
- Categories
- Finance, Technology
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Viewpoint: The Deaths of Effective Altruism
Sam Bankman-Fried is finally facing punishment. Let’s also put his ruinous philosophy on trial.
- Categories
- Investing, Technology
- Region
- Global
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Arrest of Binance Executives Shakes up Nigeria’s Crypto Ecosystem, Again
The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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Kenyan Legislative Committee Calls for Worldcoin Shutdown in the Country
The committee has recommended that the country develops “a comprehensive oversight framework and policies on virtual assets and virtual assets service providers in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, data, regulations
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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Kenya Suspends Crypto Project Worldcoin over Safety Concerns
Local media have reported that many Kenyans had signed up for Worldcoin in exchange for free cryptocurrency tokens.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Bitget Launches $100 Million Web3 Fund to Support Next-Generation Crypto Projects in Asia
The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
- Region
- Asia Pacific
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India’s Anti-Money Laundering Laws Will Now Apply to Crypto Transactions
India's cryptocurrency exchanges will have to report suspicious activity to the government's Financial Intelligence Unit.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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