Tether stablecoin sees increased usage in Africa since January — Chainalysis
This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.
Kenya’s stock exchange eyes tokenized securities with Hedera Council membership
Zanzibar introduces blockchain sandbox for startups
Kenya’s apex court upholds 3% Digital Asset Tax
Court sets Gambaryan free as Nigerian government withdraws charges
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network
South African taxman goes after crypto traders to rein in taxes
Business
Tether stablecoin sees increased usage in Africa since January — Chainalysis
This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network
Detained Binance exec faces further delay in bail request as health falters
Nigerian SEC grants provisional crypto licenses amid regulatory shift
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison
Paxful co-founder pleads guilty to AML conspiracy charges, faces prison time
Nigerian Binance users transact using fictitious names, CBN official testifies
Policy
Zanzibar introduces blockchain sandbox for startups
The archipelago in Tanzania wants to position itself as a hub for technological innovation.
Kenya’s apex court upholds 3% Digital Asset Tax
South African taxman goes after crypto traders to rein in taxes
Detained Binance exec faces further delay in bail request as health falters
Nigerian SEC grants provisional crypto licenses amid regulatory shift
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison
Binance exec in Nigerian prison denied access to legal team amidst worsening health
State of fiat
Kenya and Namibia join 10 African countries on FATF grey list
This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.
Nigeria seeks $1.5 billion World Bank loan to ease forex shortage
Ethiopia faces challenges as it integrates into BRICS
IMF approves Kenya’s financial package of $941 million
IMF set to review Ghana’s second loan payout of $600 million on Friday
Four reasons Ghana is developing the eCedi CBDC
Ethiopia gets $350 million World Bank financing for its digital ID project
Enterprise
Pan-African bank Absa wants to digitize trade finance with blockchain
The bank will be able to adopt a digital process for issuing letters of credit
Exclusive: How blockchain is processing $1 million worth of ATM transactions daily in Nigeria
Mastercard launches tool to fight cryptocurrency fraud
BlackRock enters the cryptocurrency market with its bitcoin private trust
