FTX processed billions monthly in Africa before going bust; & more!

Join the club NEWS HIGHLIGHT FTX processed billions monthly in Africa before going bust. One of the startups affected by the collapse was Nestcoin, which has laid off some employees as FTX’s demise impacted its business according to the information shared in a tweet by CEO, Yele Bademosi. Link here BREAKING NEWS Afterpay and Zip react to proposed buy now pay later regulations, and share differing opinions on new regulation options put forward by the Treasury will impact the buy now, pay later sector. Link here Starling Bank decided to block all card payments to crypto merchants and restrict other outgoing and incoming crypto-related bank transfers, the bank said in a message to customers on Tuesday. Link here Lawmakers question SoFi CEO and banking regulators over crypto activity. Four Democrats on the Senate Banking Committee voiced their concern over SoFi’s use of crypto assets given the recent FTX meltdown, and are asking SoFi to respond by Dec. 8. Link here