September 26, 2023 | Financial Inclusion

From Unbanked To Visionary: Rushd Averroës And BABB’s Mission For Inclusive Banking

In the dynamic world of fintech, few narratives are as compelling as that of Rushd Averroës and his brainchild, BABB. A beacon of innovation and commitment, BABB stands tall, not just as another fintech endeavour but as a testament to Averroes’ unwavering belief in technology’s potential to drive societal transformation. It is a tale of […]

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November 6, 2023 | Cryptocurrency

Investing in Crypto?

Investing in Crypto? — Understand the risks and adopt a balanced perspective. Cryptocurrencies have captured the public imagination as a groundbreaking technology and a tempting investment prospect. Its popularity is undeniable, yet it carries a significant risk profile. In BABB, we are all about education, so here’s a straightforward look at the world of crypto […]

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October 6, 2023 | Cryptocurrency

Introducing ReDeFi The Layer 1 Blockchain That Merges Traditional Finance and Crypto

BABB is proud to introduce its most transformative initiative yet: the ReDeFi project, a layer-1 blockchain that uses a PoS-C consensus and built-in compliance features. With a renewed vision and unpaired ambition, we’re setting the stage for a game-changing blend of traditional regulated finance and blockchain technology while ensuring we comply with regulations and current policies. The […]

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November 4, 2022 | Infrastructure

BABB is Introducing a New Hybrid Money Account for the Benefit of Humanity

One of the leading Blockchain start-ups is introducing a new money account that allows people to have cryptocurrencies, stablecoins, and fiat money, all in the same account! 

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October 28, 2022 | Cryptocurrency

BABB’s CEO Becomes the First to Receive His Salary in GBPx Stablecoin

Learn more about the BABB platform’s milestone moment as the BABB CEO is the first to receive a salary in GBPx stablecoin via the app. What next for crypto?

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October 17, 2022 | Infrastructure

Babb is Phasing Out Certain Services Related to the Recent OLD BAX Swap

Babb is phasing out OLD BAX token related operations as part of its recent app revamp activities to clear the way for the introduction of the Babb Banking Service in 2023 and to steam off some load off the app and reduce the administrative costs for record keeping.  

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September 29, 2022 | Exchange

BAX Got Listed on the MEXC Global Exchange

We are proud to announce the listing of BAX on MEXC Global Exchange, ranked as the fifth largest cryptocurrency exchange in a recent article published by Coin Gecko. This partnership is one of many endeavors being set in place for implementation by the Babb team in the aim of boosting the BAX token’s liquidity in preparations for the upcoming crucial milestones we have ahead of us in Q4, 2022 and Q1, 2023. 

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September 16, 2022 | Infrastructure

The Merge: Ethereum’s Mainnet Upgrade 

“The Merge” is what Ethereum calls its mainnet upgrade intended to combine the Ethereum mainnet with the Proof of Stake Beacon Chain to make it more scalable and energy efficient.

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September 2, 2022 | Platform

The Babb Platform Gets a Crucial Update to Mark the Start of the New Era.

In the latest sprint, Babb’s focus was to integrate the long-awaited Currency X™ wallet into the app and introduce USDx to join GBPx and RIALx in the Currency X™ stablecoin family.

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June 2, 2022 | Infrastructure

BABB’s Upgraded BAX Smart Contract.

The snapshot swap and the priority request portal At last fellow Babbians 👋   We can finally confirm that our upgraded contract is now fully tested and the snapshot swap is set to happen at midnight connecting June 6 to June 7, Coordinated Universal Time (UTC). During the swap, the current (old) BAX will be replaced […]

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May 20, 2022 | Infrastructure

BABB’s Upgraded BAX Smart Contract

The new token and what comes next hello fellow Babbians 👋 We have some more exciting news to share with you about our upgraded BAX smart contract. We are delighted to announce that the contract audit has been completed. This brings us one step closer to solidifying the swap process and affords us the opportunity to […]

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May 13, 2022 | Infrastructure

BABB’s Upgraded BAX Smart Contracts

The what & the why? gm fellow Babbians 👋 In a recent twitter poll we conducted, 67% conveyed that they are positive on a BAX smart contract update while 18% wanted more information before sharing their opinion. The purpose of this announcement is to articulate the planned changes, outline the benefits and hopefully address the […]

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September 7, 2020 | Cryptocurrency

Blockchain: The Ultimate Guide for Beginners

Blockchain is a revolutionary technology which will bring transformative change to governments, business, healthcare, finance, and other industries. However, when you look at its definition, you feel lost due to the use of technical jargon. Fortunately, blockchain is quite easy to understand, even if you aren’t a technological guru. Today, Babb will explain the basics […]

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August 3, 2020 | Cryptocurrency

New to Cryptocurrencies? Here’s Everything You Need to Know.

Cryptocurrency is a virtual currency used for either trading or transacting. If you are a beginner in the world of digital currencies, then it is important to be well-informed about some key aspects, to be both benefitted and protected by such currencies. 1. What is cryptocurrency? Cryptocurrencies use encryption methods for their generation and use. […]

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| Team

BABB Welcomes Heather Butler as New Advisor to the Executive Team

  BABB is excited to announce that Heather Butler is joining our team as an Advisor. With over 20 years in financial services, Heather brings a wealth of experience to our group. Her background includes key roles in fintech firms, regulators, and global financial institutions Significant achievements mark Heather’s journey in the financial sector. Notably, […]

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| Cryptocurrency

Navigating the Financial Promotion Landscape for Cryptoasset Marketing in the UK

As of January 8, 2024, all registered cryptoasset firms, including BABB, will be stepping into a new regulatory landscape as the financial promotion regime comes into effect. This regime, legislated by the UK Government, expands the scope of the financial promotion regime to include qualifying cryptoassets. It is crucial for firms marketing cryptoassets to UK […]

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| Platform

BABB Cards Update

Shifting Focus & Embracing Change BABB has always explored innovative ways to empower users with accessible financial solutions. Our initial interest in offering physical cards stemmed from the goal of bridging traditional banking with new payment technologies. However, the payment landscape is evolving remarkably, with digital solutions rapidly gaining dominance. After careful consideration, we’ve decided […]

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| Platform

Yemen Update: RIALx Stablecoins Retirement

At Babb, we’re always on a journey of enhancement, ensuring that our users experience the best in fintech solutions. It’s with this ethos of betterment that we’ve reached a decision regarding our CurrencyX suite. RIALxA and RIALxS, our bespoke stablecoins tailored for the Yemen market, will be stepping down.   Hold on! Before any alarms […]

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| Cryptocurrency

Upgraded BABB App: Adapting to the Latest FCA Travel Rules for Smoother Global Transactions

Keeping up with financial regulations can sometimes feel overwhelming for the end-user. We recognise the importance of adapting to regulatory frameworks – not just for compliance, but also for the enhanced experience of our users. As the latest FCA Travel Rules are about to take effect this September, we’re pleased to introduce pivotal updates to […]

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| Financial Inclusion

Financial Empowerment through Blockchain: BABB’s Vision for an Inclusive Future

The financial world is changing, and with it, our aspirations for an inclusive future are becoming more attainable than ever. While once the power of comprehensive financial tools remained confined to a select few, BABB’s utilisation of blockchain is unlocking doors previously unimaginable. Standing at the forefront of this change, BABB is not just about […]

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| Platform

Say Hello to Your New Inclusive BABB CARD!

Ever noticed how fast our financial world is changing? The advent of new technologies and the growing need for more inclusive financial services are leading this breakneck pace. Amid this whirlwind of change, we wanted to announce something pretty exciting – the launch of the BABB Card. This isn’t just another card. It’s your financial […]

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| Financial Inclusion

BABB’s Stance to Hidden Fees in International Payments

The Rising Concern of Cross-Border Transactions We all live in the global finance era, and transferring money across borders has become routine. Yet, beneath this convenience lies hidden charges that can significantly change the ultimate cost of these transactions. The process of moving money internationally via traditional means usually encompasses several forms of charges, such as: […]

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| Cryptocurrency

New UK FCA Crypto ‘Travel Rule’: Here’s What it Means for You and Us at BABB

Introduction The rules of the game are changing! As part of the ongoing drive to secure financial systems, the UK’s Financial Conduct Authority (FCA) is enforcing the ‘Travel Rule’, a new set of regulations set to kick off this September 1st, 2023. Drafted by the Financial Action Task Force (FATF), these rules are on a […]

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| Cryptocurrency

Admin Fee Related to the OLD BAX Swap Requests and Reminder on 2024 Phase Out

  📅 July 04, 2022 📍 London, United Kingdom 🕒 2 mins TL;DR BAX Swap – Phase Out 30 June 2024   ⛔ In accordance with our previous communication, we are pleased to inform you that the OLD BAX to NEW BAX swap facility has been accessible without any processing fees until June 30, 2023. […]

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| Platform

Exploring the Features of the BABB App 

How BABB App Is Making Financial Inclusion A Reality By Bridging The Gap Between Banking and Crypto Are you looking for a centralised system that will assist you in keeping track of numerous cryptocurrencies, as well as fiat currency and stablecoins? In the blog post, we will examine the BABB App and everything it has […]

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| Platform

BABB Makes Strides in Bridging Crypto and Fiat Economies with New Hybrid Money Account

All your money, stablecoins & crypto, in one app! BABB, the pioneering blockchain financial service platform, has released a new Hybrid Money Account this week, which promises to make it easier than ever to bridge the gap between cryptocurrencies and the traditional economy.     What’s a Babb Hybrid Money Account? The Hybrid Money Account […]

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| Cryptocurrency

BAX Token Updates

TL;DR BABB team is currently working on the next exciting new project involving GBP Money accounts and linked debit cards. 10 billion BAX will be reserved for the treasury in order to be used in the development and deployment of this major project. As promised during the BAX swap last year, we are informing our […]

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| Financial Inclusion

How Mobile Technology Has Reduced The Number of Unbanked People Globally

There is no doubt that mobile technology is empowering the world’s unbanked. It allows underserved individuals to gain more access to the financial tools they need, all the while making it possible for them to utilise services through the convenience of a smartphone. In fact, the mobile technology sector has made significant strides in reducing […]

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| Financial Inclusion

The Road To Financial Inclusion: Building New User Behaviour Through FMIs

Commonly referred to as the plumbing of the financial system, financial market infrastructure (FMI) is composed of payment and settlement systems which enable transactions to take place. When FMIs are coupled with the curation of new user behaviour in emerging markets, it can ensure the smooth functioning of a financial system.   However, financial market infrastructure […]

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