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Fintech Adumo acquires point-of-sale company GAAP
South African fintech company, Adumo has announced its acquisition of point-of-sale company GAAP for an undisclosed amount. The deal is subject to approval ...
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Tony Elumelu Foundation 2021 TEF Entrepreneurship Programme Application Now Open
This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs. The Tony Elumelu Foundation (TEF), ...
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Cryptocurrency tokens are securities not assets
Israeli startup Kirobo unsuccessfully tried to convince the ISA that it will be issuing a utility token rather than a security token and ...
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US Financial Crimes Enforcement Network Report Offshore Crypto Accounts
The US Financial Crimes Enforcement Network (FinCEN) says it plans to require Americans to disclose whether they hold $10,000 or more in cryptocurrency ...
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Bitcoin price surges all time high, amidst doubts on its legitimacy
Digital currency Bitcoin extends its weekend record rally, now surging over $34,000 With the price of Bitcoin continuing to zoom past milestones week ...
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Monsooq Streaming Service Launches in Nigeria, to Offer N20/hour PAYGo Billing
Mobile technology company, Mondia has announced the launch of its Pay-As-You-Go streaming service, Monsooq in Nigeria. The entertainment service will offer a unique ...
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Turkish central bank announces surprise digital currency pilot for 2021
Turkey is set to begin trials of a new digital currency in 2021, after the country’s central bank announced it had been working ...
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IFC Partners Kobo 360, Unveils Temperature-Controlled Logistics Programme
IFC, a member of the World Bank Group, in partnership with Kobo360, has launched a Temperature-Controlled Logistics, TCL, solutions programme to assist Nigeria ...
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Japanese Tech Giant Earns Crypto License in New York for Yen-Pegged Stablecoin
Tokyo-based tech conglomerate GMO Internet Group has been authorized by the New York State Department of Financial Services (DFS) to issue stablecoins pegged ...
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ByteDance, Meituan and Pinduoduo: China’s second tier tech giants poised to challenge payments duopoly
ByteDance, Meituan, Pinduoduo and Didi might be household names for Chinese netizens but there is one internet business where they are considered nobodies: ...