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Lengthy Licensing Stumps Kenyan Fintech Startups

[Sep 12 10:10 PM] Fintech startups face significant challenges when expanding to Kenya, primarily due to the lengthy and complex process of obtaining an operating license. Obtaining a payment service provider (PSP) license can take up to two years, forcing startups…

US and Africa Urged to Collaborate on AI Development

[Sep 12 9:24 PM] A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy…

Grayscale Launches SUI Trust for Accredited Investors

[Sep 11 7:55 PM] On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick…

Bitget Launches Direct Deposit Option for Mexican Pesos

[Sep 8 10:30 AM] Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for…

Friend.tech Team Renounces Control Over Smart Contracts

[Sep 8 9:30 AM] Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effectively renounces control…

UBS: European Real Estate Markets Enter New Cycle

[Sep 8 2:30 AM] UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming…