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 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,
Trump on the Sidelines? Modi-Putin-Xi BRICS Coalition Targeting Crypto Markets
The visuals from the Modi-Xi Coalition in Tianjin distinctly illustrated a BRICS transformation. China, Russia, and India, spearheaded by Modi, Putin, and Xi Jinping, positioned themselves as a counterbalance to US supremacy. It’s amusing to see numerous nations choosing to engage with Xi
Japan Becomes Part of BRICS? BRICS Has Simply “Launched an Offensive” Against the U.S. Dollar
Is Japan set to join BRICS? The BRICS alliance — composed of Brazil, Russia, India, China, South Africa, and six other nations — has frequently faced challenges regarding internal unity. However, BRICS is currently more cohesive than it has ever been. Recent reports
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
Crypto Sanctions Conflict? China Responds to EU’s Actions With Countermeasures
In response to the European Union's (EU) recent choice to impose sanctions on a number of Chinese entities for allegedly facilitating digital currency transactions linked to sanctions against Russia, Beijing has swiftly initiated its own retaliatory actions. China’s Ministry of Commerce criticized the
Africa Crypto Update Weekly Summary: Surge in Ethiopia’s Crypto mining Earnings, ViFi Labs Purchases OneRamp, Algeria Enacts Crypto Ban
The South African cryptocurrency exchange VALR has distinguished itself as the first protocol on the continent to provide tokenized American stocks. Two significant digital currency events are set to take place in South Africa during October and November 2025. In Uganda, ViFi Labs