Rumble to Launch Offices in El Salvador and Initiate Local Hiring

Rumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating the specific location of these. “We are looking for local talent to implement cloud solutions […]

Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue […]

Bolivia Becomes a Hotbed After Lifting Crypto Blanket Ban

The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100% after the bank lifted a blanket ban on crypto operations earlier this year. Bolivia Heats up With Crypto Adoption, Over 252,000 Hold Digital Assets Bolivia, […]

The stablecoin showdown

The stablecoin market is heating up, but the future remains uncertain. Will one stablecoin dominate, or will multiple players coexist in a diverse ecosystem?This post was originally published on this site

Fintech Startup Raises $1.5M to Democratize Maritime Finance

Maritime fintech startup Shipfinex secured $1.5 million in seed funding to democratize maritime finance through blockchain-enabled fractional ownership of maritime assets. Democratizing Maritime Finance Shipfinex, a maritime fintech startup, recently announced it has secured $1.5 million in seed funding. Gaurav Mehta, chairman of shipping asset trader Best Oasis Limited and Dubai-based company SPM Shipping DMCC, […]