Congress Weighs Digital Dollars for Aid After Stalled COVID-19 Stimulus Payments

In the aftermath of disappointingly slow COVID-19 stimulus payments, Congress hears testimony on using digital dollars to upgrade the U.S.’s legacy financial infrastructure. On June 11, the Congressional Fintech Task Force held a hearing examining FedAccounts and a digital dollar as ways of expanding financial inclusion in the United States. Particularly in the aftermath of […]

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Key DeFi Ecosystem Problems, Explained

Decentralized finance still has a few issues to overcome, but new solutions are emerging, which may help bring this technology to a wider audience. Is the missing link interoperability? It’s commonly agreed that one of the major catalysts for DeFi adoption is interoperability — the ability for every tool, smart contract and DApp to interact […]

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Electroneum to Launch Electricity Top-Ups Across Africa

Crypto payments network Electroneum takes aim at expanding to African countries with new electricity top-up feature. The blockchain-based digital payment project, Electroneum, will be launching an in-app electricity top-up feature across four African countries — Nigeria, Senegal, Mali and The Gambia. The electricity top-up feature will allow ETN app users to top-up their electricity meters […]

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Africa Is Experiencing a Crypto Renaissance

Crypto adoption appears to be growing across the continent of Africa. Crypto adoption is making significant advances in Africa, with crypto ownership, trade volume, and regulation all moving toward greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya are frequently among the top 10 countries […]

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