Africa Crypto News Weekly Recap: Ghana to Authorize Exchanges, Luno Launches New Functionality in Nigeria, DRC Implements Distributed ledger for Enhanced Transparency

In the most recent updates from the African crypto asset sector, Ghana plans to start licensing crypto exchanges in September 2025, while Luno has inaugurated crypto locking tokens services in Nigeria. Meanwhile, the DRC has launched an e-diplôme network that utilizes blockchain technology for the verification of diplomas.

Ghana has taken steps similar to several other African nations by implementing crypto regulations, revealing its intention to license crypto exchanges come September. In Nigeria, Luno has become the first crypto trading network to offer locking tokens services to enhance user engagement. Additionally, the DRC is using blockchain technology to establish a credible ledger for diplomas issued by the government.

This week, these developments in the crypto space are making headlines across the continent:

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Ghana Crypto News: Central Bank to Begin Licensing Crypto Exchanges From September

The Bank of Ghana is set to initiate the licensing of crypto exchanges by September 2025, pending approval of a regulatory framework currently in discussion in parliament.

As stated by Johnson Asiama, the Governor of the Bank of Ghana, the licensing of crypto exchanges will facilitate cross-border transactions and draw strategic investments into the nation.

JUST IN: Ghana to officially authorize and oversee crypto platforms

The BoG is finalizing its regulatory framework to be presented to parliament by September. The upcoming legislation will enable crypto usage, enhance cross-border commerce, draw strategic investments, and gather financial data. pic.twitter.com/cYoENrV4X8

— CediRates (@CediRates) July 24, 2025

This initiative aligns Ghana with other African countries implementing laws to meet international regulatory standards set by organizations like the Financial Action Task Force (FATF).

The suggested regulations will mandate crypto service providers to register and comply with specified guidelines. This includes minimum capital requirements as well as the obligation to report any suspicious transactions.

These modifications position Ghana in line with nations such as Kenya and South Africa that have enacted comparable legislation.

Reports suggest that over 3 million out of Ghana’s 33 million residents actively engage with cryptocurrencies, even trading in some of the leading Solana meme coins.

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Nigeria Crypto News: Luno Launches Earning yield Services

Luno has recently launched a staking service for cryptocurrencies in Nigeria, making it the first protocol to provide such offerings.

This new earning yield service by Luno enables users to earn returns of up to 18% on select cryptocurrencies, including ATOM ▲0.00% and SOL ▼-1.10%.

Ayotunde Alabi, CEO of Luno Nigeria, noted that the introduction of earning yield services reflects the increasing interest of Nigerians in trading alternatives, emphasizing the importance of generating value by holding assets.

“We’ve moved past mere speculation with the hope of earning rewards. People are looking for knowledgeable, secure, and fruitful alternatives, and staking fulfills that need. It signifies a fresh chapter of crypto adoption anchored in sustainability and utility.”

Earning yield permits digital currency holders to deposit funds with a network for returns, while the network benefits from the additional liquidity provided by the locked assets for operational purposes.

Luno anticipates that this new feature will draw millions of Nigerians to its expanding protocol.

DRC Crypto News: DRC Employs Distributed database for Diploma Verification

On July 18, the Democratic Republic of Congo unveiled the e-diplôme network that utilizes distributed record technology to validate government-issued diplomas in real-time.

This initiative addresses the urgent need for a trustworthy diploma verification system in the country.

Patrick Muyaya Katembwe, Minister of Communication and Media, stated that the introduction of the e-diplôme network signifies a transformative moment for modernizing education in the DRC.

“This significant progress towards transparency, modernization, and digital sovereignty positions the education system of the DRC as a leading example of governance in Central Africa.”

The e-diplôme network employs blockchain technology to securely store and verify the legitimacy of government diplomas. The potential of blockchain for ledger maintaining and transparency remains largely untapped.

La réforme du e-Diplôme, une innovation dans le système éducatif congolais, a figuré parmi les points saillants abordés, le vendredi 18 juillet à la Cité de l’UA, à Kinshasa, lors de la 52e réunion du Conseil des Ministres, conduite par le Président de la République Félix Antoine… pic.twitter.com/X92ocd4vE0

— Ministère de l’Education Nationale-NC (@MinisterEDU_NC) July 19, 2025

This application extends beyond the crypto asset realm and could serve as a model for other governments and organizations seeking enhanced accountability.

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The post Africa Crypto Announcement Week in Review: Ghana to License Exchanges, Luno Releases New Feature in Nigeria, DRC Integrates Blockchain for Transparency appeared first on 99Bitcoins.