Commonwealth News
Mastercard to acquire crypto startup BVNK for up to $1.8 billion in largest stablecoin deal to date
Mastercard is buying a London crypto startup called BVNK for up to $1.8 billion—the biggest stablecoin deal ever. About $300 million of that is tied to future milestones, with the purchase wrapping up by year-end. BVNK, started in 2021, helps businesses handle...
Pakistan enacts Virtual Assets Act 2026, sets crypto rules
Pakistan has passed the Virtual Assets Act 2026, with the Senate approving it on February 27, the National Assembly on March 3, and President Asif Ali Zardari signing it into immediate effect. This creates the Pakistan Virtual Assets Regulatory Authority (PVARA) with...
Kenya, Rwanda move toward single licence for cross-border fintech expansion
Kenya and Rwanda are developing a shared regulatory framework that would allow fintech firms to operate in both countries under a single licence, potentially removing one of the biggest obstacles to regional expansion for African digital payments companies. Under the...
Afriland First Bank, Visa sign growth agreement to expand digital payments in Cameroon
Afriland First Bank and Visa have signed a three-year strategic deal to speed up digital payments and expand financial inclusion across Cameroon. This agreement is Visa’s first standalone partnership with a local Cameroonian bank. The collaboration, called a “Growth...
Liquid C2 and CyberCoach partner to bring a safer digital environment to African businesses
Liquid C2, a subsidiary of Cassava Technologies, has partnered with CyberCoach, the only privacy-first AI-driven cybersecurity training and compliance platform. The collaboration will enhance Liquid C2’s cybersecurity offerings with interactive, AI-powered training...
BCCI announces cash reward of Rs 131 crore for India’s T20 World Cup winning squad
The Board of Control for Cricket in India has announced a cash award of Rs 131 crore for the Indian cricket team after their historic triumph at the ICC Men’s T20 World Cup 2026 in Ahmedabad on Sunday. India beat New Zealand in the final at the Narendra Modi Stadium,...