Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
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How Nigeria can use crypto companies to its advantage
Manage episode 442006098 series 2905838
Treść dostarczona przez Techpoint Africa Podcast and Techpoint Africa. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Techpoint Africa Podcast and Techpoint Africa lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Our guest on today's podcast is Ray Youssef, CEO, NoOnes. We discuss Nigeria's recent clampdown on Binance and crypto and what happened with his last company, Paxful.
But before that, we highlight a few stories from this week.
- BuuPass acquires QuickBus
- CBN stops Moniepoint, Kuda, OPay from opening new accounts
- MTN Nigeria records first loss since 2021 IPO
Link to Insight of the Week: https://intelpoint.co/insights/mtn-nigeria-recorded-its-first-loss-in-2023-since-its-initial-public-offering/
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
00:21 - Recap of the news
03:16 - Thoughts on the clampdown
08:10 - Did P2P really cause the fall of the naira?
12:21 - Did Binance make money from P2P?
14:44 - Is the Nigerian government justified in going after Binance?
17:29 - The real numbers for crypto in Nigeria
20:11 - Consequences of the clampdown
23:57 - The real crypto scammers
25:26 - The double-edged sword of licencing requirements
28:36 - NoOnes' role
32:28 - The importance of P2P
35:15 - What went wrong with Paxful
38:09 - How NoOnes will redeem the Paxful failure
39:24 - Possible challenges for NoOnes
43:32 - Outro
Useful links
- Kenyan BuuPass acquires QuickBus to expand to Nigeria and South Africa
- CBN stops account openings for Kuda, Moniepoint, OPay
- Q1 2024: MTN Nigeria's userbase sinks, loses ₦656.4 billion in foreign exchange
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB -
https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica
200 odcinków
Udostępnij
Manage episode 442006098 series 2905838
Treść dostarczona przez Techpoint Africa Podcast and Techpoint Africa. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Techpoint Africa Podcast and Techpoint Africa lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Our guest on today's podcast is Ray Youssef, CEO, NoOnes. We discuss Nigeria's recent clampdown on Binance and crypto and what happened with his last company, Paxful.
But before that, we highlight a few stories from this week.
- BuuPass acquires QuickBus
- CBN stops Moniepoint, Kuda, OPay from opening new accounts
- MTN Nigeria records first loss since 2021 IPO
Link to Insight of the Week: https://intelpoint.co/insights/mtn-nigeria-recorded-its-first-loss-in-2023-since-its-initial-public-offering/
Subscribe to The Modern Workplace/, Equity Merchants/, Techpoint Digest/ and Intelpoint's newsletter/
Timestamps
00:00 - Intro
00:21 - Recap of the news
03:16 - Thoughts on the clampdown
08:10 - Did P2P really cause the fall of the naira?
12:21 - Did Binance make money from P2P?
14:44 - Is the Nigerian government justified in going after Binance?
17:29 - The real numbers for crypto in Nigeria
20:11 - Consequences of the clampdown
23:57 - The real crypto scammers
25:26 - The double-edged sword of licencing requirements
28:36 - NoOnes' role
32:28 - The importance of P2P
35:15 - What went wrong with Paxful
38:09 - How NoOnes will redeem the Paxful failure
39:24 - Possible challenges for NoOnes
43:32 - Outro
Useful links
- Kenyan BuuPass acquires QuickBus to expand to Nigeria and South Africa
- CBN stops account openings for Kuda, Moniepoint, OPay
- Q1 2024: MTN Nigeria's userbase sinks, loses ₦656.4 billion in foreign exchange
This episode was produced by Ogheneruemu Oneyibo
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
Music - Beach by MBB -
https://www.youtube.com/watch?v=dEnQ8dHwDSk
Find us on Twitter, Facebook, Instagram, and TikTok @TechpointAfrica
200 odcinków
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Podobny do Techpoint Africa Podcast
Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
Android Backstage, a podcast by and for Android developers. Hosted by developers from the Android engineering team, this show covers topics of interest to Android programmers, with in-depth discussions and interviews with engineers on the Android team at Google. Subscribe to Android Developers YouTube → https://goo.gle/AndroidDevs
…
continue reading
The UK Column is an independent news organisation analysing the information war.
…
continue reading
The best newspaper in Canada is a podcast. Original reporting, sharp political analysis, and media criticism you won’t get anywhere else. Keeping you informed about what’s happening now in your country. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
The Slate Daily feed includes new episodes from more than 30 shows in the Slate Podcast Network. You'll get thought provoking analysis, storytelling, and commentary on everything from news and politics to arts, culture, technology, and entertainment. Discover new shows you never knew you were missing.
…
continue reading
A daily dose of irreverent, offbeat, and informative takes on business & tech news. Hosted by Jon Weigell, Juliet Bennett Rylah, Mark Dent, Ben Berkley, Sara Friedman, Matthew Brown, and Rob Litterst from The Hustle.
…
continue reading
Puck senior political correspondent Tara Palmeri is here to help you get through what may be the most chaotic and consequential presidential election cycle of our lifetime. With 15 years covering politics, Tara speaks with the smartest political brains to discuss what is happening behind the scenes in Washington D.C., and on the campaign trail.
…
continue reading
The Situation Room with Wolf Blitzer: The command center for breaking news, politics and extraordinary reports from around the world. The Situation Room airs weekdays 6p-7p Eastern, Monday through Friday on CNN. Visit CNN.com/TheSituationRoom.
…
continue reading
Montgomery & Company (MoCo) is a weekly podcast and radio show hosted by two-time WNBA Champion and Co-Owner/Vice President of the Atlanta Dream, Renee Montgomery, in partnership with WABE Atlanta. Both insightful and compelling, MoCo features interviews with some of the world’s top athletes, entertainers, and innovators as well as roundtable discussions with Renee’s colleagues, friends, and family, about sports, culture and building generational wealth. Montgomery & Company: Sports, Cultu ...
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continue reading
It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
…
continue reading
Player FM - aplikacja do podcastów
Przejdź do trybu offline z Player FM !
Przejdź do trybu offline z Player FM !
