Market Price Action This week saw dramatic shifts in the crypto market, starting with Bitcoin reaching an all-time high of $108,319, driven by former U.S. President Donald Trump’s hint about a potential Bitcoin Reserve. However, a statement by Federal Reserve Chair Jerome Powell, confirming the Fed’s inability to own Bitcoin, caused a sharp crash, with...
The Capital Markets Authority of Kenya (CMA) has announced the admission of Yeshara Tokens Limited into its Regulatory Sandbox, marking another significant milestone for blockchain innovation in Kenya. Yeshara Tokens will test its blockchain-powered platform designed to tokenize real estate assets, aiming to enhance retail participation in capital markets. What Is Yeshara Tokens? Yeshara Tokens...
As the global financial world undergoes a transformation, Africa is emerging as a key player in the cryptocurrency revolution. The continent, long underserved by traditional financial systems, is finding new opportunities for financial inclusion, security, and transparency through blockchain technology. Crypto exchanges, which facilitate the buying, selling, and trading of digital currencies, have become central...
The Economic and Financial Crimes Commission (EFCC) of Nigeria has arrested 193 foreign nationals in a major crackdown on a cybercrime and cryptocurrency fraud syndicate operating out of Lagos. The bust highlights ongoing efforts to combat organized fraud and illegal crypto schemes within the region. The Operation: Luxury Call Center in Lagos According to EFCC...
