Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX

After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million…

Continue ReadingReport: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX

European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized

The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed…

Continue ReadingEuropean Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized