WAO ART

Sub-Saharan Africa holds 2.7% of the global cryptocurrency transaction volume from July 2023 to June 2024. Nigeria ranks #2 in global cryptocurrency adoption. South Africa is expanding its Crypto-TradFi nexus, indicating a growing integration of crypto with traditional financial systems.

Bitwise has officially filed to launch a spot XRP ETF in Delaware. The application is registered under the name Bitwise XRP ETF and was incorporated on September 30. Bitwise's filing confirms the seriousness of their intentions to enter the XRP ETF market.

Kraken will cease support for Monero in the European Economic Area starting October 31, 2024. This includes all trading pairs. The decision is driven by regulatory and compliance obligations. Monero is a privacy-focused cryptocurrency, which may be facing increased scrutiny.

Compass Mining has successfully energized 2,400 Bitcoin miners at a new facility in Nebraska. This expansion aims to lower barriers to entry in Bitcoin mining and enhance customer service. The facility includes relocated machines from existing sites in Texas and Nebraska, along with new units.

Uruguay is set to receive EUR 2 million in EU funding for its green hydrogen initiative. The European Commission and the Uruguayan government have signed a declaration of intent for this financial support. The funding will help enhance capacity building for green hydrogen production in Uruguay.

The financial conglomerate of Kasikornbank, announced plans to launch the first licensed keeper of digital assets in the country. Known as Orbix Custodian, this service is licensed by the Ministry of Finance and will be controlled by the Thai securities regulator.

Australian Federal Police (AFP) seized $6.4 million in cryptocurrency linked to organized crime. The seizure was made possible by cracking the suspect's seed phrase during an investigation. The operation highlights the increasing capabilities of law enforcement in cryptocurrency investigations.