Search
Ripple Exec Shares 2025’s Goals for Middle East and Africa
2.1.2025
As the new year rolls around, Reece Merrick, Senior Executive Officer has shared a forward-looking strategy for advancing…
Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal
28.12.2024
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly aims to strengthen financial cooperation between...
Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria
19.12.2024
The Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested 792 suspects involved in crypto romance scams. Scams Traced to Foreign Kingpins The Nigerian anti-graft body, the Economic and Financial Crimes Commission (EFCC), recently arrested 792 suspects implicated in crypto...
Yellow Card, Lightspark Partner to Bring Instant Bitcoin Transfers to Africa
15.12.2024
Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the Africa-focused stablecoin platform, has partnered with Lightspark to connect businesses...
South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications
14.12.2024
The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP)...
Emerging markets lead crypto adoption, according to Consenys survey
12.12.2024
According to a survey from blockchain firm Consensys, half of the population of Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet
Emerging markets lead crypto adoption, according to Consenys survey
12.12.2024
According to a survey from blockchain firm Consensys, half of the respondents from Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet
Fire Brigades Association becomes first Kenyan labor union to hold BTC
11.12.2024
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce
Fire Brigades Association becomes first Kenyan labor union to hold BTC
11.12.2024
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce
Fire Brigades Association becomes first Kenyan labor union to hold BTC
11.12.2024
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce
CoinDCX’s BitOasis receives full crypto license in Dubai
9.12.2024
BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services
Morocco Cracks Down on Crypto Crime: 5 Arrested in Phishing Scam
7.12.2024
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud operation. Police also recovered an unspecified amount of money...
Recursive Capital Closes Funding Round to Support Bitcoin Companies in Africa
3.12.2024
The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that specializes in funding bitcoin businesses in Africa announced the Fund I’s...
Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan
2.12.2024
South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed...
Rwanda Preparing to Regulate Cryptocurrencies: ‘Cannot Get Rid of Them,’ Says Governor
27.11.2024
Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National...
South Africa Seeks Input on National AI Policy Framework
27.11.2024
The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development, digital infrastructure, research, and innovation,...
Schindlers Digital Assets Launches Real Estate Purchases With Crypto in South Africa
21.11.2024
Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process...
The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List
20.11.2024
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued...
AI Hysteria Ignores Africa’s Harsh Reality: Lack of Internet Access Remains the True Threat
18.11.2024
While discussions about AI’s societal impact dominate globally, Africa’s limited internet access and other realities make widespread AI adoption on the continent unlikely. This points to the need for practical solutions before debating theoretical risks. AI Threat Debate Misses...
Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators
17.11.2024
Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s...