Since the end of 2017, Ripple’s XRP has been a favorite among crypto traders. Serving as a bridge between traditional finance and blockchain technology, XRP has stood out for its…
Ethiopia has officially launched its first stock exchange after the Ethiopian Securities Exchanges (ESX) received official operational license from the Ethiopian Capital Market Authority (ECMA). “Having obtained two critical…
The startup ecosystem in the Middle East and North Africa (MENA) experienced a significant slowdown in December 2024, securing $279 million across 42 deals. While this represents an 8% increase…
Kenya will require KES 1.82 billion (~$14 million) to introduce regulations for the use of cryptocurrency and digital tokens in the country, the Ministry of Finance says. Kenya is determined…
JPMorgan Chase CEO, Jamie Dimon, has reiterated his skepticism about Bitcoin, stating that the cryptocurrency has no intrinsic value and is frequently used for unlawful purposes. Dimon expressed his concerns…
Jambo, the largest web3 mobile infrastructure bringing emerging markets on-chain, has announced the upcoming launch of the $J token, set for January 22 2025. Speaking to BitKE, Jambo said the…
A 35-year-old South African man has been arrested on allegations of terror financing. According to local reports, Ziyadh Hoorzook transferred bitcoins worth R11,500 (~$606) to an organization that allegedly has…
Kenyan President, William Ruto, reportedly made an appeal to China to support Kenya’s quest for membership in the BRICS group. Mr Ruto who was unveiled as a major U.S ally in…
The International Monetary Fund (IMF) has revealed that many Kenyan firms are now using cryptocurrencies to pay foreign suppliers during dollar shortages or periods of shilling depreciation. An IMF-commissioned market…
Cryptocurrency adoption in Africa has experienced remarkable growth in recent years, driven by a combination of unique economic challenges and technological innovation. The continent has become a hotspot for crypto…