New South African rand-pegged stablecoin goes live on Luno
Dubbed the ZAR Supercoin, the stablecoin designed and developed by New York-listed Super Group, is backed by cash reserves in Absa bank.
🟠 Why Yellow Card shuttered its retail business
Why Yellow Card shuttered its retail business
USD stablecoins can undermine African monetary sovereignty — SARB Governor
🟠 Flutterwave jumps on the stablecoin train
Nigerians prefer crypto investments and gambling to the capital market — SEC DG
Flutterwave taps Polygon for stablecoin-powered cross-border payments
Business
New South African rand-pegged stablecoin goes live on Luno
Dubbed the ZAR Supercoin, the stablecoin designed and developed by New York-listed Super Group, is backed by cash reserves in Absa bank.
Why Yellow Card shuttered its retail business
Flutterwave taps Polygon for stablecoin-powered cross-border payments
Unlocking Africa’s next economy would require new money
Ripple to provide digital assets custody services for Absa’s users
Paxful shuts down, blames ex-co-founders Youssef and Schaback
SWIFT partners with global and African banks on blockchain-based shared ledger
Policy
USD stablecoins can undermine African monetary sovereignty — SARB Governor
Lesetja Kganyago says he is unconvinced by the supposed stability of USD-pegged stablecoins and believes their backing can be called into question
Nigerians prefer crypto investments and gambling to the capital market — SEC DG
Kenya’s crypto industry reacts as VASP Act becomes law
Kenya edges toward crypto regulation as parliament passes VASP bill
Nigeria set to tax individual crypto transactions and exchanges in 2026
Bitcoin mining set to power Ethiopia’s energy expansion
South Africa to introduce cross-border crypto framework in 2025
technology
Bank of Ghana warns against Yellow Pay, Yellow Card responds
BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
CAR to tokenize 1,700 hectares of land using meme coin
Stripe goes global with stablecoins — but skips Africa’s big four
State of fiat
Nigeria, South Africa and two other African countries exit FATF’s grey list
According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF
Unlocking Africa’s next economy would require new money
Kenya fails IMF review, forfeits $850M disbursement
Kenya and Namibia join 10 African countries on FATF grey list
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
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
