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 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
