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African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion

African Fintech Giant Raises 0 Million in Funding Round Led by FTX, Firm Now Valued at Over  BillionChipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months after […]

Why Stablecoins Fail: Lessons From the Past

Digital Yuan to Promote International Use of Chinese Currency, Experts Say

Digital Yuan to Promote International Use of Chinese Currency, Experts SayThe new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB, CNY) is becoming one of the world’s most important currencies, the People’s Bank of China is planning to conduct cross-border tests with the yuan’s digitized version, the e-CNY. Digital Yuan […]

Why Stablecoins Fail: Lessons From the Past