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
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 Update Weekly Recap: Mastercard Collaboration with Circle, InVastor Learning Initiative in Kenya, Interpol Operation in Angola and Zambia
This week in Africa crypto update, payment processing powerhouse Mastercard revealed its initiative to broaden its alliance with Circle for worldwide digital transactions utilizing USDC. Similar to Tether USDT, USDC ranks among the most favored and enables affordable, immediate global value exchanges. In
Africa Crypto Update Weekly Summary: Nigeria Collaborates with Chainalysis, South Africa Set to Unveil Crypto Framework, Amidst Increasing Stablecoin Adoption
In the latest African crypto update this week, Nigeria's financial regulatory body is collaborating with the distributed database analysis firm Chainalysis to tackle fraud. In Kenya, the crypto network Honeycoin has successfully secured $4.9 million to enhance its protocol for crypto and fiat
Africa Crypto Announcement Week: Sui Foundation Unveils Hub In Nigeria, MoneyBadger Secures $400,000 As Kenya Explores Crypto “Travel Rule”
Africa crypto update: Kenya is evaluating the “Travel Rule” in VASP as the Sui Foundation unveils a distributed database hub in Nigeria. MoneyBadger from South Africa secures $400,000. The Sui Foundation has unveiled a blockchain hub in Nigeria aimed at enhancing the country's
Africa Crypto Announcement Weekly Recap: Nigeria Trading protocol In Kenya, South Africa Regulatory Action, Ghana Central Bank Regarding VASP Registration
Africa crypto headlines recap: Roqqu makes its move into Kenya while South Africa intensifies its fight against scams. Ghana clarifies regulations on VASP registration. Nigerian trading network Roqqu has joined forces with a Kenyan startup as it targets growth in the East African
Africa Crypto News Weekly Recap: Surge in Crypto Payments in South Africa, Kenya Eliminates Crypto Tax as Yellow Card Enhances Stablecoin Adoption
In the most recent updates on African cryptocurrency: South Africa's crypto transactions reach 2M Rand each month, while Kenya abolishes its 3% tax on crypto. Yellow Card aims to increase the use of stablecoins. South Africa is a continental leader, with Luno Pay
Africa Crypto Announcement Weekly Recap: Visa Teams Up with Yellow Card, Empowa Grows, South Africa Implements Crypto Reforms
In the newest updates regarding digital currency in Africa, Visa is collaborating with Yellow Card while Empowa makes strides into Nigeria. Crypto advocates in South Africa are advocating for regulatory changes to enhance tax revenue. The distributed ledger housing enterprise Empowa is broadening
Africa Crypto News Weekly Recap: Binance Commends Kenya, VALR Collaborates with MoonPay, Nigeria Imprisons 9 Chinese Fraudsters
In the most recent updates from Africa's crypto scene, Binance commends Kenya for progress in crypto regulations while cautioning against excessive taxation. Meanwhile, VALR is collaborating with MoonPay to broaden access to various fiat currencies. Additionally, Nigeria has sentenced nine Chinese cryptocurrency fraudsters
