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Mastercard and Island Pay unveil Central Bank Digital Currency prepaid card
Feb 18,2023
 Mastercard, the Central Bank of The Bahamas, and Island Pay announced a new collaborative program where The Bahamas Sand Dollar prepaid card will provide the option to convert the digital currency to traditional Bahamian dollars instantly and p...
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Indonesia passes new cryptocurrency trading rules
Feb 18,2023
Indonesian financial institutions has recognised crypto-assets as acommodities that can be traded on futures market. The Commodity Futures Trading Regulatory Agency, part of the Ministry of Trade, sets the new set of rules for trading crypto-assets o...
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The European Central Bank to investigate blockchain technologies
Feb 17,2023
The European Central Bank says it is open to new technologies such as blockchain or distributed ledger technologies, and intends to analyse their relevance for different banking services, such as payments, securities settlement and collateral. This a...
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Airtel and Standard launch mobile money platform
Feb 16,2023
A mobile money wallet, Straight2Bank, which enables users to carry out transactions between their Standard Chartered Bank account and their Airtel money account,is operational in Zambia. Straight2Bank, launched by Airtel and Standard Chartered Bank, ...
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Swiss Financial Market Supervisory Authority (FINMA) publishes ICO guidelines
Feb 16,2023
In a document published on February 16th,Swiss Financial Market Supervisory Authority (FINMA) publishes the guidelines on how it intends to treat enquiries from ICO organisers. Initial Coin Offering (ICO) is a system for money raising from public.
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J.P. Morgan Chase & Co creates first US bank-backed cryptocurrency
Feb 15,2023
An American multinational investment bank J.P. Morgan Chase & Co issued a statement on 14 February that they created their digital coin named JPM Coin. Bank's digital coin is based on a blockchain technology and will serve the purpose of instanta...
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The EU plans to set some rules for virtual currencies
Feb 15,2023
The European Union seems to have moved from a non-regulatory approach towards virtual currencies, to plans to impose some rules for exchanges involving virtual currencies across the Union. In itsConclusions on the fight against the financing of terro...
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UNRISD released a working paper on the role of cryptocurrencies in building social and solidarity finance
Feb 13,2023
The United Nations Research Institute for Social Development (UNRISD) has published aworking paper on 'How can cryptocurrencies and blockchain technology can play a role in building social and solidarity finance?'. The paper analyses the functioning ...
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Jack Dorsey and Jay-Z announce bitcoin fund for Africa and India
Feb 12,2023
 Twitter CEO Jack Dorsey and rapper Jay-Z have announced an investment of 500 bitcoin, worth around US$23.6 million, in an endowment fund called ?trust. The fund will support bitcoin development in Africa and India. In a tweet, Dorsey announced ...
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The US Federal Reserve Chairman named Libra cryptocurrency as a reason to think about central banks issued digital currency (CBDC)
Feb 12,2023
In a hearing in front of the US House Committee on Financial Services, the US Federal Reserve Chairman Jerome Powel said that Facebook's lead cryptocurrency Libra was a reason for the central banks to start testing the possibility of the central bank...
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Societe Generale (SG), a European bank operating worldwide, partners with HPS to improve its payment processing activities in 10 African branches.
Feb 12,2023
Societe Generale (SG), a European bank operating worldwide, partners with HPS  to improve its payment processing activities in 10 African branches. In the beginning, the HPS platform will be used for payment operations involving card issuing, po...
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European drugs agency: Online market for illegal drugs is growing
Feb 12,2023
The European Monitoring Centre for Drugs and Drug Addiction has released a report on The internet and drug markets, which indicates that the Internet has been an important facilitator in the growth of drug markets. It lists a multitude...
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