The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at a reduced cost.
Forex News
- News2269
- Spotlight
This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange.
29027 - Explained
Forex trading involves the exchange of traditional fiat currencies, while cryptocurrency trading involves the buying and selling of cryptocurrencies.
- News
The move reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets.
8786 - Use Case
Forex trading skills can be used to improve crypto trading performance.
20009 - News
If initial tests are successful, the firms will expand their activities into tokenized credit issuance and equities.
7986 - Use Case
Crypto holders can get synthetic exposure to Forex pairs directly on-chain thanks to decentralized leveraged trading platforms.
18907 - News
A report suggests companies are able to register in the U.K. very easily, making them appear more credible to potential scam victims.
4342 - News
The AMF and ACPR have blacklisted only two crypto-related websites amid the bear market of 2022 versus 24 such websites last year.
4952 - News
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market.
6791 - News
Major Asian financial institution DBS Bank has applied DeFi technology to a project backed by the Monetary Authority of Singapore.
4128 - News
The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform.
2792 - News
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson.
4152 - News
Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
9166 - Sponsored
With help from Forex markets, non-USD stablecoins may be the ticket to recognizing the full potential of DeFi.
3768