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Africa
DeFi Credit Union Platform Xend Finance Goes Live in Africa First
Xend is the first DeFi protocol to launch from the African continent using the Binance Smart Chain.

Nigerians Turn to Stablecoins for Protection Against Inflation
Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local inflation.

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto
The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund
Twitter CEO Jack Dorsey is teaming up with rapper Jay-Z to create a new endowment named “Btrust” to fund Bitcoin development with an initial focus on teams in Africa and India. The Hash Panel weighs in.

Jack Dorsey & Jay-Z Donate 500 Bitcoin for New Endowment Fund
Twitter CEO Jack Dorsey is teaming up with rapper Jay-Z to create a new endowment named “Btrust” to fund Bitcoin development with an initial focus on teams in Africa and India. The Hash Panel weighs in.

Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India
"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.

Nigeria's Senate Summons Central Bank Chief to Explain Crypto Ban
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.

Binance Suspends Deposits in Nigeria Following Central Bank Directive
Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.
