Wollito UAB

South Africa’s 2024 budget review highlighted the need for structural reforms and a focus on improving public financial management.

South Africa eyes stablecoins and blockchain for digital payments

The annual budget of South Africa revealed its treasury’s plan to promote the adoption of digital payments, which includes analyzing stablecoins and blockchain to “improve the lives ...

6 months ago

FTX’s legal team clarified that since FTX US hasn’t been restarted, Digital Custody holds little value for the estate, hence the sale.

FTX plans sale of Digital Custody for $500K in bankruptcy move

The FTX debtors estate, led by CEO John Ray III, has filed to sell Digital Custody to CoinList for a significant markdown of $500,000, with financing provided by DC’s original CEO and sell...

7 months ago

International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD).

PayPal backs crypto security startup Mesh with its PYUSD stablecoin

In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh, a crypto-focuse...

7 months ago