Kenya has proposed its first regulatory framework to regulate cryptocurrencies and other digital asset services, marking a major policy shift in one of Africa’s most active crypto markets.
Reviewed TechCabal reporting on Payments matters for Stablecoin payments readers.
The March 12 listing will allow Quidax users to send and receive cNGN between wallets with the potential for wider use in payments, transfers, and digital currency exchanges.
Reviewed TechCabal reporting on Payments matters for Stablecoin payments readers.
The regulatory approval comes seven months after Yellow Card discontinued its retail trading business to focus on its business-to-business infrastructure operations.
Reviewed TechCabal reporting on Payments matters for Stablecoin payments readers.
Wrapped CBDC, issuer of the naira-backed cNGN stablecoin, has earned ₦15.3 million in returns from its reserve investments, turning idle cash into yield-bearing assets like money market funds and treasury bills.
Reviewed TechCabal reporting on Payments matters for Stablecoin payments readers.