Africa Crypto News Weekly Recap: Surge in Crypto Payments in South Africa, Kenya Eliminates Crypto Tax as Yellow Card Enhances Stablecoin Adoption
In the most recent updates on African cryptocurrency: South Africa's crypto transactions reach 2M Rand each month, while Kenya abolishes its 3% tax on crypto. Yellow Card aims to increase the use of stablecoins. South Africa is a continental leader, with Luno Pay
Lido Shipping Significant Updates: What Keeps LDO Crypto Trading Below $1?
LDO crypto remains below $1, having plummeted over 90% from its peak. Lido Finance is actively deploying significant improvements, including the debut of v3 in testnet-2. The CSM has also been launched and is accessible without permission. Lido Finance plays an essential role
Telcoin (TEL) Crypto asset Soars 30% as Optimism for Stablecoin Regulation Raises Prices in the U.S.
Telcoin is experiencing a surge, rising 30% over the last 48 hours. Could TEL crypto reach new heights? The enthusiasm is driven by encouraging regulatory changes in the United States. The GENIUS Act has passed in the Senate and is expected to receive
Circle Stock Displays No Indications of Deceleration: Here’s the Reason
Circle CIRCL stock is on the rise, soaring nearly 10 times its IPO value. A variety of factors, including the expansion of USDC, strategic collaborations, and regulatory transparency, are fueling the market demand. Weeks prior to Circle's public debut with a $5 billion
Africa Crypto Announcement Weekly Recap: Visa Teams Up with Yellow Card, Empowa Grows, South Africa Implements Crypto Reforms
In the newest updates regarding digital currency in Africa, Visa is collaborating with Yellow Card while Empowa makes strides into Nigeria. Crypto advocates in South Africa are advocating for regulatory changes to enhance tax revenue. The distributed ledger housing enterprise Empowa is broadening
FOMC and Canadian ETF Launch Fall Short in Boosting XRP Price: What Trigger Does XRP Require?
The price of XRP is currently declining and holding below the $3.50 mark. Ripple is facing difficulties in gaining traction even after the introduction of three spot XRP ETFs in Canada and ongoing FOMC anticipation in the U.S. The XRP Army frequently hopes
Aerodrome AERO Decentralized finance Cryptocurrency Defies Gravity Following Significant JP Morgan Action
AERO jumps 17% as the Aerodrome TVL surpasses $1 billion. JP Morgan's JPMD on Base may elevate DeFi tokens. Currently, AERO crypto bulls are aiming for $1 and new Q2 2025 highs. On a day when BTC and Ethereum fell, AERO, the governance
Did Aave and CoinDesk Alter the DeFi and Stablecoin Landscape with CDOR?
CoinDesk Indices, in strategic alliance with Aave, is introducing CDOR, an onchain benchmark for stablecoin interest rates, commencing with USDT and USDC. Leveraging data from Aave V3, CDOR has the potential to transform DeFi, akin to SOFR's role in TradFi. The U.S. government
JP Morgan Crypto Achieves RWA Milestone: A JP Morgan Stablecoin Might Be on the Horizon
What was once disregarded as a blockchain fantasy has transformed into a JPMorgan-supported reality; welcome to JP Morgan crypto. In a trial that resembles a whitepaper fantasy, LINK ▼-3.06% and Ondo Finance aided Kinexys in achieving a real-world asset settlement across multiple chains,