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Seba Bank raises $119M in Series C funding


“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank

Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation


In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto...

Digital Yuan Ready for International Olympic Showcase at Beijing 2022 Games


  China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed. The PBoC has been working toward a full or partial rollout in time for the games since 2020, when...

Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira


Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing...

CBDCs in 2022: New Trials and Competition with Crypto


___  ___ Central bank digital currencies (CBDCs) were one of the biggest stories of 2021 as far as blockchain and cryptocurrencies were concerned, even if CBDCs don’t necessarily have anything to do with either blockchain or decentralized cryptocurrencies. Because for each new all-time high...

WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot


  Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...

Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too


  Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected. At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...

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