
{"id":26897,"date":"2024-12-09T11:42:26","date_gmt":"2024-12-09T11:42:26","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=26897"},"modified":"2024-12-09T11:42:26","modified_gmt":"2024-12-09T11:42:26","slug":"africa-crypto-week-in-review-luno-rapidly-growing-yellow-card-eyes-nigeria-as-startup-raised-over-8-million","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=26897","title":{"rendered":"Africa Crypto Week in Review: Luno Rapidly Growing, Yellow Card Eyes Nigeria As Startup Raised Over $8 Million"},"content":{"rendered":"<p>Crypto Africa saw Bitcoin <\/p>\n<p>    <span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\"><br \/>\n            <span class=\"cwp-coin-widget-holder \"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon \"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/span><\/span><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <br \/>\n            <br \/>\n        <\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/span><\/span><\/span><\/span><\/p>\n<p>                    <br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    &lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend\">?<\/span><br \/>\n                    <\/span>                     &#8211;&gt;<br \/>\n                <br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>                       <\/p>\n<p>        <br \/>\n    <\/p>\n<p> cross $100k, Luno expands South Africa crypto offering, Nigeria crypto license update, and Ivory Coast crypto news.<\/p>\n<p><span>It is a good time to be a crypto enthusiast. Bitcoin crossed the <a class=\"general-link\" title=\"Bitcoin Hits All-Time High Of $100,000: Trump\u2019s Victory, Regulatory Optimism Usher In Crypto\u2019s New Era\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-hits-all-time-high-of-100000-trumps-victory-regulatory-optimism-usher-in-cryptos-new-era\/\" target=\"_blank\" rel=\"noopener\">historic $100,00<\/a> mark this week, and the market is looking solid as 2024 draws to a close. <\/span><\/p>\n<p><span>The African crypto landscape has also been abuzz with various startups expanding operations as market participants assess recent developments.\u00a0<\/span><\/p>\n<h2><strong><span>South Africa Crypto News: Luno Exchange Expands Offering<\/span><\/strong><\/h2>\n<p><span>The South African financial services platform Luno added six more crypto assets to its platform in the past week, bringing the total number of new additions to 17 in 2024 alone. Luno made the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.itnewsafrica.com\/2024\/12\/south-africa-luno-adds-largest-number-of-crypto-assets-in-companys-history-as-bitcoin-surges-past-10329\/\" target=\"_blank\" rel=\"noopener\"><span>announcement<\/span><\/a><span> even as Bitcoin crossed the incredible $100,000 mark.<\/span><\/p>\n\n<p><span>The platform has a total of 33 crypto asset options. This announcement was the largest amount added at a single point in its history. Luno is careful of the risk of its listed assets, their security criteria, and their regulatory implications. Hedera, Axie Infinity, and <a class=\"general-link\" title=\"ONDO Crypto Pushes RWA Innovation In Arbitrum Move: Is It Best RWA Coin?\" href=\"https:\/\/99bitcoins.com\/news\/ondo-crypto-pushes-rwa-innovation-in-arbitrum-move-is-it-best-rwa-coin\/\" target=\"_blank\" rel=\"noopener\">Arbitrum<\/a> are all reputable cryptocurrencies.\u00a0<\/span><\/p>\n<p><strong><span>EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/anonymous-bitcoin-wallets\/\" target=\"_blank\" rel=\"noopener\"><span>15 Best Anonymous Bitcoin Wallets with no KYC in 2024<\/span><\/a><\/strong><\/p>\n<h2><strong><span>Nigeria Crypto News: Yellow Card To Obtain Crypto License In Nigeria<\/span><\/strong><\/h2>\n<p><span>Pan-African crypto service provider Yellow Card is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/techpoint.africa\/2024\/12\/06\/techpoint-digest-983\/\" target=\"_blank\" rel=\"noopener\"><span>set to obtain<\/span><\/a><span> a crypto license in Nigeria. This development will occur a few weeks after the platform obtains a CASP license in South Africa. The country\u2019s Securities and Exchange Commission (SEC) oversees such licensing and has recently developed a framework for issuing approval.\u00a0<\/span><\/p>\n\n<p><span>Nigeria is Africa\u2019s largest crypto market. Earlier in the year, this robust market was in the news for the wrong reasons, with Binance\u2019s dramatic exit following a crackdown. <\/span><\/p>\n<p><span>The tide turned in October with the release of a senior Binance executive and the country\u2019s regulators enacting a more certain regulatory framework for crypto platforms.\u00a0<\/span><\/p>\n<p><strong><span>EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span>17 Best Crypto to Buy Now in 2024<\/span><\/a><\/strong><\/p>\n<h2><strong><span>Ivory Coast Crypto News: Startup Raises $8 Million<\/span><\/strong><\/h2>\n<p><span>Financial services startup HUB2 has raised <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/bitcoinke.io\/2024\/12\/hub2-raises-series-a-round\/\" target=\"_blank\" rel=\"noopener\"><span>over $8 million<\/span><\/a><span> for its operations in the Ivory Coast. HUB2 has grown exponentially in the past two years and could eclipse $1 billion in transactions processed in 2024. The startup seeks to solve interoperability gaps and integration issues that plague financial service providers across the continent.\u00a0<\/span><\/p>\n<p><span>HUB2 still mostly earns revenue from mobile money transfers. The additional capital should help the company simplify integration and improve various payment options, including crypto payments. It operates in five West African countries and wants to elevate its profile globally.<\/span><\/p>\n<p>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/africa-crypto-week-in-review-telegram-driving-growth-coinbase-eyes-kenya-as-morocco-reverses-crypto-ban-but-will-south-africa-win\/\" target=\"_blank\" rel=\"noopener\">Africa Crypto Week In Review: Telegram Driving Growth, Coinbase Eyes Kenya as Morocco Reverses Crypto Ban But Will South Africa Win?<\/a><\/p>\n<p><a href=\"https:\/\/discord.gg\/QneEHUjm\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/africa-crypto-week-in-review-luno-rapidly-growing-yellow-card-eyes-nigeria-as-startup-raised-over-8-million\/\">Africa Crypto Week in Review: Luno Rapidly Growing, Yellow Card Eyes Nigeria As Startup Raised Over $8 Million<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto Africa saw Bitcoin Price Trading volume in 24h &lt;!&#8211; ? &#8211;&gt; Last 7d price movement cross $100k, Luno expands South Africa crypto offering, Nigeria crypto license update, and Ivory Coast crypto news. It is a good time to be a crypto enthusiast. Bitcoin crossed the historic $100,00 mark this week, and the market is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":26898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26897"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26897"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/26898"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}