Zanzibar Crypto City Targeting Digital Nomads
Zanzibar reportedly plans a crypto-backed “cyber city” aimed at digital nomads. The project, called Dunia Cyber City, would sit on a 71-hectare site and operate as a special economic zone (SPZ) with crypto-friendly rules. An SPZ is more like a sandbox or a
Africa Crypto News Week in Review: Retail Growth, Regulatory Pressure, and the Rise of a New Financial Rail
It’s time for Africa Crypto News Week in Review! This is my first time doing this, so don’t be mad if I’m not as great as 99Bitcoins writers Dalmas Ngetich or editor Sam Cooling. This week, crypto adoption in Sub-Saharan Africa is accelerating at one of
Africa Crypto News Week in Review: Ghana Gold Board Exploring Blockchain, South Africa Central Bank Caution, University of Namibia Introduces Blockchain Masters Program
In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements. Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector. SARB adds crypto
Africa Crypto News Week in Review: VALR Partners with Mukuru, Bitcoin ATMs Launch In Nairobi Malls, IOTA To Power Stablecoin Payment
In Africa crypto news this week, VALR, a leading digital asset exchange on the continent, is partnering with Mukuru to provide stablecoin payment infrastructure in South Africa. Meanwhile, Bitcoin ATMs have appeared at various malls in Kenya. This development comes weeks after the
Africa Crypto Announcement Weekly Recap: Discovery Teams Up with Luno, Obiex Achieves Profits in Nigeria, GFX and Libeara to Drive Bond Tokenization in Ghana
This week in Africa's crypto asset headlines, Discovery Bank has formed a strategic alliance with the crypto exchange Luno, enabling users to trade directly from their banking app. In Nigeria, the trading platform startup Obiex has reportedly achieved profitability following a period of
Africa Crypto Week Recap: Ghana’s Crypto Regulations, Super Group Introduces Stablecoin in South Africa, Changpeng Zhao Criticized in Nigeria
This week in African digital currency news, the Central Bank of Ghana has released a policy paper concerning crypto crypto law. It emphasizes the necessity for action-oriented and collaborative regulations rather than outright prohibitions on crypto. The South African logistics and circulating supply
Africa Crypto Announcement Weekly Recap: Tether Backs Kotani Pay, Nigeria’s Central Bank Welcomes Stablecoins, Nvidia Leads Stocks On Luno
This week in African crypto update, Kenyan startup Kotani Pay has obtained a significant investment from Tether. The USDT provider is relying on Kotani’s commitment to financial inclusion to extend its presence in the area. Meanwhile, in Nigeria, the central bank is forming
Africa Crypto Announcement Weekly Recap: ABSA Teams Up with Ripple, Ghana’s Central Bank Introduces Crypto Regulations; Distributed record.com Pursues License in Nigeria
ABSA Bank, one of Africa's largest banks, is collaborating with Ripple to offer custodial services using the Ripple distributed database. This move marks yet another key development in the adoption of cryptocurrency by mainstream financial institutions. The central bank plans to implement crypto
Africa Crypto Announcement Weekly Recap: Kenya Enacts VASP Legislation, Uganda Launches CBDC Trial, Bitcoin Lightning Network Implementation in South Africa
Following extensive discussions, the parliament of Kenya has enacted the nation’s inaugural all-encompassing crypto asset regulation. The Virtual Asset Service Provider (VASP) framework will play a crucial role in fostering adoption and establishing a regulatory atmosphere for digital currency enterprises within the nation.
Africa Crypto News Week: Lisk $15M Fund, Hurupay Stablecoin Transactions, Luno Receives Award In South Africa
This week in Africa's crypto landscape, the distributed ledger protocol Lisk has launched a $15M Web3 investment fund aimed at supporting startups in Africa, Southeast Asia, and the LATAM region. With this additional funding, African startups and those in developing economies will gain
