Africa Crypto Update Weekly Recap: Circle Supports African Fund, South Africa Implements Crypto Tax Regulations, Kredete Secures $22M
This week in Africa's cryptocurrency developments, Circle, the issuer of USDC, is supporting a fund by contributing $20M to promote the growth of blockchain startups across the continent. Circle is a significant entity in the crypto world and operates as a public company.
Africa Crypto News Weekly Recap: Altvest Secures $210M to Acquire BTC, Luno Introduces Tokenized Stocks in Nigeria, Binance Collaborates with Zapper
This week in African digital currency updates: South African financial entity Altvest Capital plans to raise $210 million to establish a Bitcoin reserve treasury for its clients. Altvest aims to align with global trends, inspired by MicroStrategy and MetaPlanet, by incorporating BTC into
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,
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 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
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 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
Africa Crypto News Recap: South African Court Supports Digital currency, Kenya Set to Hold Blockchain Conference, Blockchain.com Expands in Nigeria
Africa digital currency updates: A High Court in Gauteng, South Africa, has determined that crypto asset is not bound by trading protocol controls. A crypto conference is slated to take place in Kenya in June. Blockchain.com is establishing a presence in Nigeria. South
Africa Crypto Week Recap: Nigeria Develops New Distributed ledger Strategy, Crypto Businessman Kidnapped In Uganda
Africa cryptocurrency updates: Nigeria is set to implement a fresh blockchain policy as a crypto entrepreneur faces challenges in Uganda. At the same time, Bitget Crypto wallet is attracting a growing number of users in Africa. The regulatory environment for crypto in Africa
Africa Crypto Week Recap: Zimbabwe Distributed record Carbon Register, ZAP Africa Restoring Trust in Nigeria
Africa crypto updates: Zimbabwe introduces a blockchain-based carbon credit registry to enhance transparency, while ZAP Africa aims to restore confidence in the Nigerian crypto realm following the CBEX debacle. Will the suggested 5% remittance tax in the U.S. encourage crypto use in Africa?
