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
Thailand Want Out of WorldCoin: Is This Start of The End for WLD Crypto?
Thai authorities have ordered World, the digital identity project backed by Sam Altman, to stop operating in the country and erase all user identification data collected from residents. According to a statement released on Monday by the Ministry of Digital Economy and Society
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: 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
Worldcoin Encounters Fresh Regulatory Challenges as Thai Officials Conduct Raid on Iris-Scanning Location
Sam Altman's Worldcoin initiative is facing significant regulatory scrutiny once more, this time in Thailand, where the national Securities and Exchange Commission (SEC), in strategic alliance with the Cyber Crime Investigation Bureau (CCIB), conducted a raid on a Worldcoin-associated iris scanning facility in
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
Africa Crypto Week Update Recap: Binance Supports Accra Blockchain Summit, Sygnia Endorses BTC As South Africa Aims for Crypto Income Tax
Binance, the leading crypto asset exchange globally, is enhancing its visibility across Africa by participating as a platinum sponsor in the African Blockchain Summit. This sponsorship is anticipated to broaden the exchange's influence as an increasing number of individuals explore the platform. This
Africa Crypto News: Ripple Growing, Nigeria Addressing Crypto Regulations Amidst Rapid Adoption
This week in African crypto asset update, Ripple crypto is continuing to broaden its international footprint by establishing various partnerships aimed at increasing its stablecoin adoption throughout Africa. The XRP crypto, which powers Ripple, is recognized as one of the most valuable cryptocurrencies,
