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South African Firms Launch a Local Currency-Backed Stablecoin


A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has...

Kraken Expands Reach in Colombia, Implements Local Payments


Kraken is now allowing Colombians to fund their accounts with Colombian pesos, expanding the reach and functionality of its services in the country. Mark Greenberg, Kraken’s Global Head of Consumer, stated that this upgrade offers Colombians secure entry points into crypto. Kraken Opens Local...

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