Pave Bank, a Singapore-headquartered digital commercial bank, closed a $39 million Series A funding round led by Accel and Tether Investments. While the announcement drew much attention, what’s most peculiar is the bank’s unusual proposition: a fully licensed institution offering programmable money. The partnership intends to create a platform that allows institutional clients to automate…
In December 2023, Kenyan e-commerce startup Copia Global and payment giant Visa announced a five-year partnership to roll out the Copia digital wallet across more than 50,000 rural agents in Kenya. The Visa-powered wallet promises to combine shopping, credit, savings, and money transfers into one “super-app” that will help people in Africa get access to…
Access Bank allegedly froze 500 USDT accounts in 2023. Here’s what documented court cases reveal about Nigeria’s crypto freeze pattern, and your legal protections.
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