Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting.The license lets OpenPayd operate as a…

President Bola Tinubu has assured foreign investors that Nigeria’s youthful population is ready to learn, adopt technology and compete in the global economy. He gave the assurance on Tuesday while receiving a delegation from Mastercard led by its Global Chief…

A group of law enforcement organizations and a coalition of Catholic organizations have become the latest two groups urging caution over the US CLARITY Act, which is heading for a key hearing in July.  In letters sent Tuesday, four law enforcement…

Nigerian airlines are increasingly relying on commercial bank loans to sustain daily operations as the cost of aviation fuel continues to place heavy pressure on the industry. The Chief Executive Officer of Air Peace and vice-president of the Airline Operators…

The US House has passed a major housing bill that includes a ban on central bank digital currencies until 2030, in what is set to be a major win for Republicans who have long pushed for such a measure.The House…

Zero-knowledge scaling company StarkWare has introduced Private KYC on Starknet, enabling users to complete know-your-customer requirements without revealing their full personal information. The system, announced Tuesday as a demo, uses STRK20 privacy features and zero-knowledge STARK proofs to let users prove…

A group of US Senate Democrats is urging Senate Republican leaders to hold hearings into a reported $500 million deal between the Trump family’s crypto firm and Abu Dhabi royalty.In a letter on Tuesday, the Democrats told Republicans, who control…

The Ambassador of the Federal Democratic Republic of Ethiopia to Nigeria, Mr Legesse Haile, has paid a strategic visit to the headquarters of Specific Tools & Techniques Limited in Lagos to explore new opportunities for investment, digital infrastructure development, and…

The US Commodity Futures Trading Commission filed a lawsuit against Kentucky on Tuesday after the state sued prediction market operators last week, accusing them of operating unlicensed and illegal gambling platforms.The lawsuit, filed in federal court, seeks to block Kentucky’s…

The new management of African Alliance Insurance Plc has promised sound solvency management and absolute transparency as the company officially returns to full business operations following a major regulatory restructuring. Speaking recently in Lagos, the newly appointed Managing Director and…

How the $1B SpaceX offering exposed crypto’s blind spotFor retail investors shut out of private markets, tokenized SpaceX shares offered an unusual route into one of the world’s most coveted private companies. The blockchain-based tokens allowed investors to seek exposure…

AXA Mansard Insurance, a member of the AXA Group, has announced the launch of its digital motor insurance inspection process in Nigeria. The solution, powered by Curacel, allows customers to complete required vehicle inspections by submitting photographs of their vehicles…

Bitcoin (BTC) stayed uncertain at Tuesday’s Wall Street open as US stocks responded to an earlier Asia tech sell-off.Key points:Bitcoin bulls attempt to avoid a deeper drop below local lows amid risk-asset volatility.Multiple factors are blamed for the current weakness…

The Nigerian Communications Commission has commenced consultations on a proposal that could allow millions of Nigerian students to access approved educational platforms without paying for internet data. The proposal, contained in a consultation paper issued by the Joint NCC-Industry Committee…

Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether holders to…