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BDACS Launches Won-Backed Stablecoin, After PoC With Woori Bank


BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company...

Study: Bitcoin Dominates Crypto Purchases in Nigeria, South Africa


Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March, Sub-Saharan Africa (SSA) saw a sharp surge in cryptocurrency usage...

South Korean Exchanges Show BTC Is Cheaper Than Global Index This Weekend


Based on market trackers, bitcoin’s price action in South Korea has been a seesaw ride when stacked against BTC’s weighted global exchange rate across multiple venues. Over the weekend, prices on local hubs like Upbit and Bithumb currently carry a slight markdown. Bitcoin in Seoul Dips Below Global...

South Africa’s Altvest Plans Bitcoin Treasury, Seeks Millions in Funding


South African financial firm Altvest Capital plans to raise millions to buy bitcoin and create a crypto treasury reserve. Altvest Capital to Rebrand as Africa Bitcoin Corp A South African financial services company, Altvest Capital, has announced plans to raise millions of dollars to purchase...

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