BitKE

Luno, the cryptocurrency exchange with South African roots, has officially relaunched in Kenya, marking a key milestone in its continued expansion across the continent.
According to a press release by Luno shared with BitKE, the re-launch provides Kenyan users with a simple, secure, and fully

WeChat has integrated the digital yuan into its payment options, enhancing the appeal and adoption of China's central bank digital currency (CBDC). This allows users to pay through WeChat for various services, boosting efficiency for merchants without needing separate integrations.

WorldCoin, a cryptocurrency project linked to Sam Altman, will restart operations in Kenya after police dropped their investigation into alleged data violations. The company expressed gratitude for the DCI's decision and plans to enhance compliance with local regulations while focusing on its mission to connect people to the global economy.

The Central African Republic officially launched its Sango Crypto Hub, introduced by President Faustin-Archange Touadéra. The initiative includes the Sango Coin aimed at facilitating a crypto-based economy and tokenizing natural resources, emphasizing financial inclusion and efficiency through blockchain technology.

The Competition Authority of Kenya approved Moniepoint Inc.'s acquisition of a 78% stake in Sumac Microfinance Bank, facilitating its entry into Kenya's financial services. This move aligns with trends of fintechs acquiring regulated firms to accelerate growth in the competitive mobile payments market.

Seven South African startups and one from Lesotho are selected for the Grindstone Africa accelerator, aimed at fostering high-growth entrepreneurship. The program supports innovative companies in scaling operations, with a focus on market access readiness.

SWIFT has announced that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
SWIFT already has kicked off work with a group of more

Nigerian retail app Patricia has converted customer Bitcoin into its stablecoin, Patricia Token (PTK), pegged to the U.S. dollar. Following a security breach in May 2023, withdrawals were suspended, raising user concerns about fund access. Despite challenges, the platform, established in 2017, aims to enhance security.

Ethereum's Dencun upgrade introduces proto-danksharding, enhancing scalability and lowering transaction costs. Activated on key testnets, it aims to improve transaction capacity, supporting decentralized applications and introducing efficient data handling through 'blobs.'

Tunisian fintech startup EasyBank has raised $370,000 to enhance its platform and expand into underserved markets in MENA and France. Founded in 2023, it aims to improve banking accessibility using AI for personalized financial solutions.

Sam Altman highlights ChatGPT's significant impact on coding, healthcare, and education, boosting productivity in coding, aiding educators with personalized curricula, and enhancing drug research, though caution is needed in healthcare due to current inaccuracies.

The Financial Sector Conduct Authority (FSCA) of South Africa is currently running 30 investigations into unauthorized crypto-related financial services within the country.
This is according to the organization’s latest regulatory actions report that outlines the measures they have put in place to

Sony Bank plans to launch a U.S. dollar-pegged stablecoin by 2026 for payments within the Sony ecosystem, targeting its significant U.S. customer base. This initiative is part of Sony's broader Web3 push, aiming to improve transaction efficiency and reduce reliance on traditional payment methods.

Safaricom’s M-PESA platform is undergoing a major upgrade to handle unprecedented transaction volumes – planning to double its current peak capacity from 4,000 transactions per second (TPS) to 8,000 TPS by the end of 2026,

In May 2024, Solana saw a surge in token creation with nearly 455,000 new tokens, primarily memecoins, due to simplified processes via the Pump.Fun platform. This trend follows strong performances from other networks like Base and BNB Chain, indicating a shift in token launch preferences.