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Yellow Card, Lightspark Partner to Bring Instant Bitcoin Transfers to Africa

[Dec 15 6:30 AM] Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the Africa-focused stablecoin platform…

Coinbase-Backed Yellow Card Seeks Nigerian License After South African Regulatory Win

[Dec 6 7:36 PM] Yellow Card, an African stablecoin platform, is taking steps to secure a license from Nigeria’s Securities and Exchange Commission (SEC) after obtaining a Crypto Asset Service Provider (CASP) license in South Africa. The CASP license has…

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

[Nov 25 9:30 AM] Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase…

Yellow Card’s African Push: Coinbase-Backed Platform Wins South African License

[Nov 20 8:40 PM] Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in…

Yellow Card Raises $33M to Expand Stablecoin Presence in Africa

[Oct 20 9:30 AM] Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting the potential of stablecoins…

Behind Alchemy Pay and Yellow Card’s Bold Plan for African Crypto Adoption

[Oct 18 9:30 AM] Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay’s on-ramp product will utilize Yellow Card’s payment infrastructure in 20 African countries, allowing users to purchase crypto with…

Why Nigeria’s blockchain success hinges on private sector expertise

[Jul 25 4:59 AM] As governments globally, including in Nigeria, navigate the complexities of blockchain adoption, insights from industry leaders such as Yellow Card provide important guidance.

Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses

[Jul 3 11:39 PM] Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi…

Yellow Card’s Partnership With Moonpay Set to Enhance Nigerian Users’ Crypto Trading Experience

[Sep 14, 2023 4:00 AM] Yellow Card, the Africa-focused crypto exchange, recently said it had joined forces with Moonpay in an arrangement which is expected to help “enhance the crypto purchasing experience for Nigerians by leveraging local bank transfers.”…

Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

[Jun 29, 2023 4:52 PM] Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn't the "casino" that it can sometimes feel like in the West.

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion

[Jun 1, 2023 8:30 AM] On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by…

TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC

[Apr 18, 2023 12:30 AM] TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make…