NYDIG has inked a partnership with fintech staple FIS to provide a framework for US banks to offer crypto trading services to customers

Several banks have already signed up, the majority being smaller financial institutions, & talks with major U.S. banks ongoing

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Robinhood reported that 9.5 million users traded digital assets on its platform during the first quarter of 2021 - a 6x increase from the previous quarter

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The world’s largest crypto asset manager, Grayscale Investments, has announced the first partnership with an NFL team.

Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events

#BlockNewsKE #NYGiants

The Turkish government has updated the country’s crypto regulation to include crypto exchanges to the list of entities covered by AML and CFT regulations following the banning of crypto for payments & failed crypto exchanges.

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DBS, Southeast Asia’s largest bank, says crypto trading volumes on its exchange have grown 10x to around $40 million in Q1, 2021 since Dec 2020 launch

The bank says it has $80 million in assets under custody with 120 customers and hundreds more on the pipeline.

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Payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries & found that 4 in 10 people plan to use cryptocurrency in the next year.

Meanwhile, 93% of people will consider using at least one emerging payment method, like cryptocurrency

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A new report and payments index by payments giant, MasterCard, has revealed the huge growth in cryptocurrency interest with 67% of millenials considering their use across Africa over the past one year.

Among the African countries included in the survey are:

https://bitcoinke.io/2021/05/mastercard-crypto-report/

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya, to bring the USDC stablecoin to the underbanked population.

The partnership includes USDC operator, Circle, and the Stellar Development Foundation, that will provide USDC via the Tala digital wallet.

Watch video and see details of the partnership here: https://bitcoinke.io/2021/05/visa-tala-partnership/

Cash App generated $3.51 billion of bitcoin revenue and $75 million of bitcoin gross profit during the first quarter of 2021, each up approximately 11x year over year.

That was double Square’s bitcoin revenue of Q4, 2020.

#BlockNewsKE

As Paxful celebrates a milestone of crossing over 6 million users to date and over $5 billion in trading volume, Nigeria stands out as its biggest market ever.

According to latest stats, Paxful now has over 1.5 million users in Nigeria who traded over $1.5 billion as of April 2021. This is almost a 1/3 of the total Paxful global volume of over $5B.

As of April 2021, the top 4 markets for Paxful include: https://bitcoinke.io/2021/05/paxful-april-2021-milestones/

We sat down with Aleksandr Honcharenko, the Chief Marketing Officer (CMO) of Bitzlato (BZ), the latest P2P platform into the African space and one of the largest globally, to discuss crypto regulation across the different jurisdictions, particularly in Africa.

https://bitcoinke.io/2021/05/interview-with-cmo-bitzlato/

Binance, the world’s leading crypto exchange, is holding a 2-day free masterclass with an all-women panel for the Kenyan market.

The class is open to all crypto & non-crypto enthusiasts looking to learn about bitcoin trading and other digital currencies and the opportunities therein via the Binance exchange.

Learn more here: https://bitcoinke.io/2021/05/binance-kenya-masterclass/

The amount of Ethereum ($ETH) held on decentralized exchanges and platforms is now almost twice as much as what is available on centralized exchanges like Binance, Coinbase or FTX.

Since the start of 2020, the amount of Ether on centralized exchanges has fallen by 30% while locked Ether on DeFi protocols is up 75% over the same period.

https://bitcoinke.io/2021/05/ether-on-defi/

Here is a short walkthrough video on how to buy and sell bitcoin on Telegram via MPESA on Bitzlato: https://youtu.be/iPcHf1hmO44