🟠 Discovery Bank to offer in-app trading via Luno in SA
Plus: 🇬🇭 Ghana to deploy blockchain to track gold and curb illegal mining; 🇲🇦 Morocco publishes draft crypto rules.
South Africa reiterates crypto and stablecoin risks amid rising use
AfCFTA launches blockchain-powered platform to ease intra-African trade
Morocco publishes proposed rules to regulate cryptocurrency
Ghana Gold Board to launch blockchain tracking system by end of 2026
South Africa’s Discovery Bank to support crypto transactions with Luno integration
🟠 A new South African stablecoin is now live on Luno
Business
South Africa’s Discovery Bank to support crypto transactions with Luno integration
Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.
Flutterwave CEO lays out the company’s stablecoin play — and why Polygon fits the plan
New South African stablecoin goes live on Luno
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
Policy
South Africa reiterates crypto and stablecoin risks amid rising use
SARB said the absence of a complete regulatory framework for crypto assets and stablecoins remains a key vulnerability in South Africa’s financial system.
Morocco publishes proposed rules to regulate cryptocurrency
USD stablecoins can undermine African monetary sovereignty — SARB Governor
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
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
