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This week's prominent stories from Africa's crypto sector include Onafriq's USDC collaboration, Nigeria's action against CBEX fraudsters, and Phoenix Group's expansion in Bitcoin mining.
New Visa cards facilitate direct spending of USDC from crypto wallets, leveraging smart contracts for real-time transactions.
Circle secures preliminary regulatory nod from Abu Dhabi’s Financial Services Authority to expand its operations in the Middle East.
Circle announces the launch of a new payments and remittance network aimed at transforming the global money transfer landscape.
Circle, the entity behind the USDC stablecoin, is set to launch an IPO on the NYSE, which could become a significant event in the cryptocurrency landscape.
The USDC stablecoin issuer, Circle, aims to launch its public offering following a prior attempt that did not succeed.
A comprehensive look at how Nostra's pause in borrowing may impact the DeFi landscape and the introduction of USDC in Japan's crypto market.
Circle has announced a partnership with SBI Holdings to launch the USDC stablecoin in Japan, with regulatory approval received earlier this month.
Circle announces the regulatory approval of its USDC stablecoin in Japan, partnering with SBI Holdings for widespread adoption.
GCash, the most popular digital wallet in the Philippines, has rolled out support for USDC stablecoins, expanding options for its vast user base.
Circle has unveiled its new Cross-Chain Transfer Protocol V2, allowing near-instant USDC transfers, drastically cutting transaction times.
Thailand's financial regulator adds USDC and USDT stablecoins to its approved cryptocurrency list, expanding options for digital asset trading.
The aggregate value of major stablecoins has exceeded $200 billion, with significant growth since the U.S. election, aimed at maintaining the dollar's status as the global reserve currency.
Thailand has officially recognized Tether (USDT) and USD Coin (USDC) for trading, signaling a significant move in the cryptocurrency landscape as noted by Tether's CEO.
A recent report discusses the differing strategies of Tether's Giancarlo Devasini and Circle's Jeremy Allaire regarding stablecoin regulations.
SBI VC Trade will be the pioneer platform to offer Circle's stablecoin under the new regulatory framework in Japan.
Circle has gained regulatory approval to offer USDC, the global dollar stablecoin, in Japan and the UAE, marking significant advancements in cryptocurrency regulations.
The potential launch of proprietary stablecoins by Crypto.com and Kraken is seen as a strategic response to recent EU regulations affecting stablecoin usage.
USDC's market cap surged to $56 billion, reflecting a 22% increase within a month.
USDC, the second-largest stablecoin, has hit a new all-time high in market capitalization, reflecting a resurgence in stablecoin demand despite overall market challenges.
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