In this CNBC report:
- The CEO of Binance US steps down amidst layoffs due to legal challenges from the SEC.
- The co-founder of a crypto fraud scheme receives a 20-year prison sentence, while his partner remains at large.
- Celo, a blockchain project, launches a stablecoin wallet called MiniPay in Africa in partnership with Opera, aiming to facilitate low-cost, quick stablecoin transactions.
- The report discusses how crypto companies from the US are expanding internationally due to regulatory uncertainties.
- The potential of MiniPay in providing financial inclusion and climate finance in the global South is highlighted.
Sure, here are the key facts extracted from the provided text:
**From the first section:**
1. The CEO of Finance US steps down amid layoffs at the crypto exchange.
2. A co-founder of a crypto fraud scheme receives a 20-year prison sentence, while the other remains on the run.
3. Binance US is laying off a third of its staff due to legal challenges from the SEC.
4. The SEC fined the creator of the "stonercats" web series one million dollars for an unregistered offering of NFTs.
5. The co-founder of the OneCoin crypto fraud scheme, Carl Greenwood, received a 20-year prison sentence.
**From the second section:**
6. Blockchain cello launched a stablecoin wallet in Africa with the help of Opera.
7. Crypto companies from the US are expanding overseas due to regulatory uncertainty.
8. Coinbase is prioritizing markets in Canada, Brazil, Singapore, Australia, and Europe for its international expansion.
**From the third section:**
9. Opera launched "Mini Pay," a stablecoin wallet in Africa, with the goal of bringing low-cost and quick payments to the region.
10. The Mini Pay wallet aims to simplify crypto usage, making it accessible for millions of users.
11. Opera Mini is widely used in Africa by over 100 million people.
**From the fourth section:**
12. The launch of Mini Pay in Africa aligns with efforts to promote financial inclusion, climate action, and sustainable finance in the region.
13. The technology enables direct payments to communities, potentially transforming access to funding for various purposes, including climate initiatives and micro-credit.
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