GateUser-0b364480

Uber CEO Dara Khosrowshahi announced the company is exploring stablecoins to reduce international money transfer costs, highlighting their potential benefits for global transactions amid growing corporate and government interest in this cryptocurrency.

Ripple's RLUSD stablecoin has been approved by the Dubai Financial Services Authority, enhancing Dubai's blockchain innovation efforts, especially in real estate. The stablecoin will support various virtual asset services and help tokenize property registration, aligning with Dubai's goal to lead in fintech.

Moniepoint Inc. has received authorization from the Competition Authority of Kenya to acquire a 78% stake in Sumac Microfinance Bank, enabling its entry into Kenya's financial market, pending Central Bank of Kenya approval.

Equity Group, Kenya’s second-largest bank by assets, has dismissed over 1,200 employees as part of an aggressive internal effort to stamp out fraud, CEO James Mwangi has announced. It is one of the most significant anti-fraud actions ever taken by a Kenyan bank.
The massive layoffs follow a

Blockchain.com is expanding in Africa focusing on countries with advancing cryptocurrency regulations like Nigeria. This move aligns with global digital asset sentiment. Nigeria and Ghana are emerging leaders in crypto regulation, shaping the company's strategic decisions for growth in the region.

IEA Kenya, or the Institute of Economic Affairs – Kenya, is an independent public policy think tank based in Nairobi with the mission to promote informed public dialogue on key economic and governance issues in Kenya and the region.
The think tank recently released a comprehensive commentary on the

Valour Inc. has named GulfCap Investment Bank as its lead transaction advisor for the cross-listing of its exchange-traded products (ETPs) on the Nairobi Securities Exchange (NSE).
The cross-listing, pending approval by the Capital Markets Authority (CMA), will enable Valour’s digital asset ETPs

Valour Inc. has named GulfCap Investment Bank as its lead transaction advisor for the cross-listing of its exchange-traded products (ETPs) on the Nairobi Securities Exchange (NSE).
The cross-listing, pending approval by the Capital Markets Authority (CMA), will enable Valour’s digital asset ETPs