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Hashgraph Association: Hackathon Aims to Build Blockchain Infrastructure, Attract Investment to Africa’s Web3
29.8.2025
Amid a decrease in Web3 investment in Africa, the Hashgraph Association says its recently launched hackathon aims to help build a blockchain infrastructure that supports crypto businesses and decentralized finance projects. The Hackathon: A Permanent Platform for Growth Despite a vibrant and young...
Interpol Operation Dismantles 25 Crypto Mines in Angola, Busts $300 Million Zambian Crypto Scam
27.8.2025
An Interpol coordinated operation led to a sweeping cybercrime crackdown across Africa, resulting in 1,209 arrests and the recovery of $97.4 million. In Angola, authorities shut down 25 illegal cryptocurrency mining centers and confiscated 45 illicit power stations and equipment worth over...
Crypto Meets Rugby: VALR Becomes Official Exchange Partner of South Africa’s DHL Stormers
23.8.2025
VALR, Africa’s largest crypto exchange by trade volume, has announced a three-year partnership with DHL Stormers to become the South African rugby team’s official crypto exchange partner. VALR’s branding will feature prominently at DHL Stadium and on team kits, while the exchange will host...
Ugandan Government Employee Admits Role in Crypto Abduction Involving Rogue Soldiers
22.8.2025
An employee of the Ugandan National Identification and Registration Authority (NIRA) has confessed to orchestrating the abduction of Festo Ivaibi in May. The Criminal Network and Its Methods In a stunning development, an employee of the Ugandan National Identification and Registration Authority...
South Africa Moves to Regulate Cross-Border Crypto Flows
15.8.2025
Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later this year focused on cross-border crypto asset transfers. Key Details of Proposed Framework South Africa is taking significant steps towards regulating...
Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin
12.8.2025
A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions...
Nigeria Details Rules for Foreign Crypto Firms, Digital Asset Marketing
27.7.2025
Under a recently passed law, the Nigerian Securities and Exchange Commission’s expanded mandate now includes regulating virtual assets, cryptocurrencies, and tokens as securities. Nigeria’s Landmark Digital Asset Legislation Nigeria is positioning itself at the forefront of digital...
Ghana Moves to License Crypto Firms, Citing Revenue and Oversight Goals
25.7.2025
The Ghanaian central bank is set to introduce a draft regulatory framework for licensing digital asset companies by September. Acknowledging Crypto’s Enduring Presence The Ghanaian central bank has reiterated its goal to license digital asset companies, stating that a draft regulatory...
Ghana Plans Crypto Firm Licensing in Response to Growing Demand: Bloomberg
24.7.2025
The country's central bank is finalizing a regulatory approval to submit to parliament by September
Africa’s De-Dollarization Push Meets Reality: Dollar Resilience, Stablecoin Rise Shape Future
18.7.2025
Global interest in de-dollarization has grown, but tangible progress remains limited due to political and strategic constraints. VALR co-founder Badi Sudhakaran argues that USD-based stablecoins may prove more effective than the AU initiative known as PAPSS for cross-border payments. Dollar’s...
While the West Chases Memecoins and ETFs, Africa is Building Blockchain Resilience
13.7.2025
In Western Europe and North America, decentralised finance, referred to in common terms as DeFi, is largely seen through the lens of investment. The following guest post/opinion editorial was written by Kamal Youssefi, President of The Hashgraph Association. How Blockchain Can Replace Broken...
South Africa’s Sygnia Launches Bitcoin Fund Tied to Blackrock’s IBIT
12.7.2025
Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares Bitcoin Trust exchange-traded fund (ETF). Sidestepping South Africa’s Regulatory Hurdles South African investment manager Sygnia has launched a product that tracks...
Akon’s Futuristic Crypto City Officially Terminated
12.7.2025
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from...
South Africa’s First NFT Marketplace, Momint, Shuts Down Amid Market Pressures
3.7.2025
Momint, a South African Web3 and crypto startup, has announced its closure due to rising operational costs, limited user growth, and a challenging funding environment. Founded in 2021, it was recognized as the country’s first NFT marketplace supporting local currency transactions and gained...
Tether Signs MoU to Advance Financial Inclusion in East Africa
2.7.2025
Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with...
Africa Unites in Currency Revolution: PAPSS Launches Dollar-Free Trade Platform
29.6.2025
The Pan-African Payment and Settlement System has officially launched a currency marketplace aimed at reducing reliance on the U.S. dollar for intra-African trade. No Hard Currency Involved The Pan-African Payment and Settlement System (PAPSS) has launched the African Currency Marketplace, a major...
Africa’s Stablecoin Boom: An ‘Economic Lifeline’ for Emerging Markets
29.6.2025
The founder of an African stablecoin association said he supports BitMEX founder Arthur Hayes’ claim that one-third of Nigeria’s GDP is conducted in USDT. He emphasized that stablecoins are a vital economic lifeline for emerging markets and marginalized communities. Stablecoins an Economic Lifeline...
‘Pump-and-Dump’ Alert: Nigeria Cracks Down on Meme Coins
19.6.2025
The Nigerian securities regulator has issued a warning against Zugacoin and Samzuga GPT, labeling them as unauthorized crypto operations. Memecoins Tied to Pump-and-Dump Schemes The Nigerian Securities and Exchange Commission (SEC) has issued a public warning, labeling Zugacoin and Samzuga GPT...
Visa, Yellow Card push digital dollar use across African countries
19.6.2025
Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars
Visa, Yellow Card push digital dollar use across African countries
19.6.2025
Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars