Zimbabwe's SEC Approves Seven Fintech Solutions for Regulatory Sandbox
The Securities and Exchange Commission of Zimbabwe has cleared seven fintech solutions, several blockchain-based, to begin supervised testing in its regulatory sandbox.
AfroEuropa Newsroom
AfroEuropa desk
The Securities and Exchange Commission of Zimbabwe has approved a set of financial technology solutions to take part in supervised testing under its Regulatory Sandbox Guidelines, the regulator said in a statement carried by BitKE.
The approved solutions include the Zimbabwe Entrepreneurship Exchange, described as a blockchain-driven capital raising platform; Ndarama Standard (Private) Limited, a synthetic trading platform; Crowdaxe Capital (Private) Limited, a web-based crowdfunding platform; Procode Platforms (Private) Limited, a securities tokenisation platform; Financial Securities Exchange (Private) Limited, an asset tokenisation offering; and Comin Resources Zimbabwe (Private) Limited, an infrastructure tokenisation solution. Cointelegraph reported that seven fintech projects were admitted to the program.
Keep reading
KB Kookmin Bank to Launch On-Chain Cross-Border Payments via JPMorgan's Kinexys
South Korea's largest lender will roll out an on-chain payment service for trade companies next month, using JPMorgan's Kinexys network to speed up dollar transfers across 10 countries.
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe — one sharp email each morning. No spam, unsubscribe anytime.
