Paxful, a peer-to-peer Bitcoin trading platform, resumed operations after a temporary suspension due to regulatory issues and staff departures. CEO Ray Youssef emphasized user safety and announced the launch of Civ Kit, a system for building censorship-resistant markets.

The new Green Africa Mining Alliance of Africa (GAMA) has officially launched on the sidelines of the Africa Bitcoin Conference 2022 held in Accra, Ghana.
The association is an initiative by Gridless, an East African bitcoin mining startup which recently raised $2 million led by Jack Dorsey’s

Kenyan Web3 startup, HoneyCoin, a transformative global payment orchestration platform, has announced a $4.9 million funding round led by the global venture firm Flourish Ventures.
Flourish is joined by a dynamic mix of regional and global investors:
Visa Ventures
TLcom Capital
Stellar

Akoin, the cryptocurrency by Akon, is thriving in Kenya, particularly at the Mwale Medical Technology Centre. Co-founders John Karas and Lynn Liss discuss the app's unique features, revenue generation, and plans to enhance crypto education in Africa.

Base, Coinbase's Ethereum layer-2 blockchain, launches an eight-week course for mid to senior software developers to transition into blockchain developers. The program features mentorship, access to engineers, collaboration tools, and a comprehensive curriculum, aiming to grow on-chain development. Applications for cohort 4 close on December 15, 2023.

More than 30 financial institutions in the Common Monetary Area are adopting BankservAfrica's instant cross-border payment system, TCIB, aimed at simplifying peer-to-peer payments. The system offers secure, real-time processing and meets new regulatory standards, with FNB as its first adopter.

Stripe has launched stablecoin-based accounts across over 100 countries, including several African nations, to enhance financial inclusion and offer users a blockchain-powered alternative to traditional banking. This initiative aims to provide easier global commerce and reliable value storage in volatile markets.

Flutterwave has obtained an Enhanced Payment Service Provider license from the Bank of Ghana, enabling it to offer diverse payment services in the country. This expansion taps into Ghana's growing digital payments market, enhancing payment processes for businesses and promoting economic growth.

Kenya's government, under President William Ruto, plans a new digital identity scheme to replace the halted Huduma Number program, addressing concerns over data protection. The new plan includes a Unique Personal Identifier for various services, aiming for better integration while using blockchain for data security.

Paymob, a fintech leader in MENA and Pakistan, has secured a retail payment services license from the UAE's Central Bank, enhancing its regional footprint. Fueled by a $72 million funding round, Paymob aims to support over 350,000 merchants with diverse payment solutions and financial services.