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Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank


Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses...

Ex-Ledger Chief of Staff manages to raise $2-3 million


The Ex-Chief of Staff, Jean-Michel Pailhon, has managed to raise for himself the amount of $2-3 million from soft commitments that have been made by private bankers, as well as family offices. However, the total amount that he actually requires to raise happens to be $25 million. This is...

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year


Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases...

India’s ED takes a $115.5 million dig at the crypto market


The Enforcement Directorate of India has taken a step to seize $115.5 million in the crypto sphere under the speculation of money laundering cases. A few crypto ventures may have been spooked, but the measure ensures that the interests of investors and crypto platforms are safe at every step. As...

Founder of Crypto Exchange Bitzlato Denies US Charges


The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder...

FBI Says Crypto Investment Fraud Rose 183% to $2.57 Billion in 2022


The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% from $907 million in 2021 to $2.57 billion in 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public of “a spike in cryptocurrency investment schemes.”...

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