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Cryptocurrency News Articles
Binance Kenya is pushing education, Azamra tap stablecoins for lending in Cameroon crypto, meme coin stunt disrupts crypto Africa.
Mar 22, 2025 at 08:03 pm
Educational efforts by Binance, a crypto giant and fintech lending firm in Cameroon crypto industry, and outrageous SA meme coin promotional attempts made headlines.
The head of marketing at Binance has urged Kenyan youth to join Binance Academy and further their understanding of cryptocurrencies.
In an interview, Rachel Conlan highlighted the importance of the Kenyan market and the exchange’s commitment to growth there.
“We are continuing to expand in various markets across the continent. We are focused on boosting our profile in Kenya,” she stated.
Binance continues to make overtures in various African markets and is now focused on boosting its profile in Kenya.
The crypto exchange giant is also hiring in the country as it expands its footprint.
Recently, Binance Pay launched in South Africa, marking the global service’s first foray into the African market.
This move follows the introduction of Binance Gift Card in December 2024, allowing users in seven African countries to buy crypto via cash.
The initiative began in Argentina and expanded to include Turkey, Vietnam, Hong Kong, and now South Africa.
These efforts highlight Binance’s strategy to foster crypto adoption and innovation in key markets like Kenya.
Kenyan Youth Urged to Join Binance Academy and Further Their Crypto Knowledge
Conlan also encouraged Kenyan youth to join Binance Academy and expand their knowledge of the crypto space.
“There are hundreds of online tutorials and classes on the Binance Academy platform that learners can use to expand their knowledge,” she explained.
They can use this knowledge when selecting some of the hottest presales to buy right now or expand their portfolio to include meme coins.
The platform also offers physical training programs to aid in this endeavor.
“We’ve been running training programs in Kenya to educate youth on blockchain technology and how it can be applied to solve real-world problems.”
This initiative underscores Binance’s broader aim to foster financial inclusion and empower the younger generation with the skills and knowledge to participate in the evolving digital economy.
Nodding to the rapid growth of the crypto market in Kenya, Conlan added that the exchange is engaging with local stakeholders and exploring avenues to contribute to the country’s socio-economic development through blockchain solutions.
“We are committed to working collaboratively with the government, institutions, and community organizations to identify opportunities where our technology and expertise can make a positive impact.”
This engagement reflects Binance’s willingness to adapt its offerings to suit the specific needs and challenges of the Kenyan market.
Fintech Lending Firm Taps Stablecoins For Expanding Services In Cameroon
Stablecoins are facilitating the expansion of lending services by West African crypto platform Azamra in Cameroon.
The digital banking platform operates in six countries across the region and is seeking to diversify its offerings with blockchain-powered lending solutions.
Azamra operates via an app and website, with small kiosks available in the region for customers to open accounts and transact in cash.
The company relies on blockchain technology to streamline cross-border payments, lower transaction costs, and boost efficiency.
This focus on blockchain aligns with Azamra’s broader strategy to adapt to the evolving financial landscape in West Africa.
Cameroon still has a significant population of unbanked and underbanked individuals.
Adding low-cost, accessible payment channels could greatly improve access to finance in this growing market.
Azamra aims to secure a front-row seat in this transformation.
Moreover, leveraging blockchain is critical in gaining a first-mover advantage in a market ripe for disruption.
By expanding its lending services using stablecoins, Azamra hopes to capitalize on this potential.
This move will allow the platform to offer a wider range of financial products and reach a broader customer base in Cameroon.
As the country's financial services landscape continues to evolve, Azamra is positioning itself as a key player in providing innovative and inclusive solutions.
SA Parliament Social Media Accounts Hacked To Promote Ramaphosa Meme Coin
The promoters of a meme coin featuring President Cyril Ramaphosa have taken their campaign to extreme lengths.
In a surprising turn of events, individuals attempting to promote the Ramaphosa coin allegedly hacked the social media accounts of the South African Parliament on March 15, 2025.
Their aim was to use these platforms to promote the meme coin and drive up its value.
However, the legitimacy of the Ramaphosa coin remains highly questionable.
Out of the thousands of meme coins that have emerged in recent years, the vast majority are deemed worthless or worse.
Some meme coins are little more than promotional stunts or outright scams.
This instance appears to be a promotional attempt, where individuals are creating a meme coin and then engaging in activities to generate hype and drive up the price.
Targeting official social media accounts suggests this is likely one such stunt, using these channels to project credibility and generate widespread attention.
Nonetheless, meme coins modeled after politicians and celebrities are a growing trend.
Figures like Donald Trump, Melania Trump, and Iggy Azalea have their own meme coins, which have surprisingly become some of the best cryptos to buy in 2025.
Often, the individual after whom the coin is named is unaware of its existence, as appears
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