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Africa’s crypto leaders: Highlights of 2023 initiatives

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African nations were busy introducing various initiatives for cryptocurrencies in 2023. Read about the most significant innovations and crypto-related progress made during the year.

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Coin Market

MoonPay launches fiat-to-stablecoin virtual accounts in New York

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MoonPay has expanded its virtual accounts product to New York, allowing businesses to convert fiat into stablecoins and settle funds without prefunding across jurisdictions.

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Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B

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A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?

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Tether freezes $344M USDt stablecoins at US law enforcement request

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The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.

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