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How USD-backed stablecoins are helping Africans ditch miserable local currencies

The Nigerian naira and Ghanaian cedi lost over half their value against the US dollar in the past two years, while the rand lost close to 15%. ....

United Arab Emirates , South Africa , South African , Luc Varejes , Nick Bergonzoli , African Reserve Bank , Digital Asset Service Provider , Financial Sector Conduct Authority , Exchange Commission , Middle East , South African Reserve Bank ,

👨🏿‍🚀TechCabal Daily - FTX loses in South Africa

FTX has lost its financial services trading licence in South Africa. South African cryptocurrency market maker Ovex cancelled has cut off the international exchange’s access to its local Financial Service Provider (FSP) licence. More in #TCDaily. ....

United Kingdom , Nairobi Area , South Africa , South African , Judith Okonkwo , Institut Fran , Jonathan Ovadia , Nick Bergonzoli , Frehiwot Tamiru , Fondation Maison , Farzam Ehsani , Congo Kivu , Alameda Research , United Kingdom Research , Ethio Telecom , Central Bank , Financial Service Provider , Credit Reference Bureau , Innovation African Research Leader Programme , Susquehanna Foundation , Hustler Fund , Pantera Capital , Some African , Nigerian Web , Moxxie Ventures , Climate Journey ,

South Africa's crypto exchange for institutions has arrived

OVEX has uniquely positioned itself as SA’s cryptocurrency prime broker for institutional players. ....

Nick Bergonzoli , Jon Ovadia , Pty Ltd , Know Your Customer , Anti Money Laundering ,

SA's first private bank for crypto

OVEX has positioned itself as SA’s first private bank for cryptos, opening some surprising use cases for hedge funds and asset managers. ....

Nick Bergonzoli , Jon Ovadia , Fx Service , Know Your Customer , Anti Money Laundering ,