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South African Cryptocurrency Exchange Raises $50M In Oversubscribed Series B

Country News, South Africa / Leave a Comment

  VALR.com, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round. This values the company at $240 million (R3.7 billion).   VALR’s oversubscribed Series B equity funding round was led by Pantera Capital with participation from Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, […]

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Photo Credit: Adobe Stock

Original Article By: https://ventureburn.com/2022/03/south-africa-cryptocurrency-exchange-50m-series-b/

Tanzania Announces Own Central Bank Digital Currency (CBDC) Amid Plans to Issue Crypto Regulations

Country News, Tanzania / Leave a Comment

  Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of cryptocurrencies. The country’s Central Bank Governor Prof Florens Luoga made these comments while speaking last week at a two-day Conference of Financial Institutions in Tanzania held on 25th and 26th November,

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Photo Credit: Adobe Stock

Original Article By: https://kenyanwallstreet.com/tanzania-plans-central-bank-digital-currency-cbdc/

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