AFRICAN DEVELOPMENT BANK

Jun 22 2026FINANCE

Cutting fees to win the next crypto ETF race

Banks are now racing to grab a slice of the next big crypto trend—Ethereum and Solana ETFs. Morgan Stanley just filed plans for two new funds that charge just 0. 14% per year, the lowest among similar products so far. That tiny fee could be a game-changer, since most Ethereum and Solana ETFs charge

reading time less than a minute
Jun 22 2026CRYPTO

How Africa’s money problems are changing crypto rules

African governments used to fight crypto hard. Banks blocked accounts linked to digital currencies, officials warned people away, and some countries even banned crypto completely. But that all changed when leaders noticed something important: millions of Africans were already using crypto every day—

reading time less than a minute
Jun 18 2026BUSINESS

Better ways to move money across borders

Banks and governments are testing a new way to send money overseas. Instead of relying on old systems that often take days and involve many middlemen, they’re trying out tokenization. This means turning money into digital tokens that can travel quickly on blockchain networks. Central banks from the

reading time less than a minute
Jun 12 2026HEALTH

Sleep and faith: How African American women balance spirituality and rest

African American women often rely on faith to cope with daily stress. But does turning to religion at night help or hurt their sleep? A study dug into this question by looking at how beliefs and prayer routines connect to sleep quality. Instead of assuming spirituality is always calming, researchers

reading time less than a minute
Jun 09 2026FINANCE

Stablecoin Rules: Why Banks Want to Keep Crypto Firms in the Dark

Banks and cryptocurrency firms don’t always see eye to eye. Jamie Dimon, CEO of a major bank, recently suggested that crypto companies offering rewards on stablecoins should follow the same strict rules as traditional banks. But critics say that idea misses the point entirely. Peter Schiff, a well-k

reading time less than a minute
Jun 07 2026FINANCE

Big Banks Fight Back Against Crypto with Their Own Digital Money

Banks like JPMorgan, Citigroup, Wells Fargo, and Bank of America are teaming up to create their own digital money system. This network will start next year through their payment company called Clearing House. It's their way of competing with cryptocurrencies and stablecoins, which have grown a lot i

reading time less than a minute
May 31 2026OPINION

What Traditional Finance Misses When Trying To Build Blockchain Tech

Banks and big financial firms keep trying to recreate blockchain from scratch, but that's like reinventing the wheel while ignoring the road already built. They can copy the code, hire consultants, and roll out permissioned systems behind closed doors. Yet no matter how polished their corporate bloc

reading time less than a minute
May 28 2026CRYPTO

A New Digital Dollar for Big Money Players

Banks and crypto firms just teamed up to launch a fresh kind of dollar coin called fUSD. Unlike most stablecoins that sit idle without growing, this one gives big institutions a small cut—around 3% per year—if they play by specific rules. The coin is built on existing tech used by trading desks and

reading time less than a minute
May 18 2026BUSINESS

How Banks Are Changing with Tech: What Businesses Need to Know

Banks today look nothing like they did even five years ago. What used to be slow, paperwork-heavy processes are now running on smart software. AI isn’t just helping banks—it’s doing much of the work itself. These "agentic" AI systems don’t just follow instructions; they make decisions on the spot, w

reading time less than a minute
Apr 25 2026HEALTH

Spirituality, Culture and Mental Health: A Fresh Look at African Australians

African Australian mental health professionals see a strong link between faith, cultural roots and well‑being. They argue that spirituality can offer comfort, a sense of purpose, and community support for people who face stigma or discrimination. In practice, therapists often invite clients to discu

reading time less than a minute