Crypto is legal in Nigeria — until the bank disagrees Nigerian banks continue to flag accounts interacting with cryptocurrencies; arrests haven’t stopped, and confusion persists over what the law actually changed.
Sidebar: Why Africa needs its own stablecoins — Paycrest Co-founder From Naira-backed cNGN to emerging tokens across Africa, Amadi explains how these assets, if regulated and widely accepted, could enable fast, legal, and dollar-free transactions across borders.
PwC lends weight to crypto lobby against Kenya’s digital asset tax The coalition is pushing to scrap Kenya’s now-revised 1.5% crypto transfer tax, calling it unfair, innovation-stifling, and out of step with global norms.
Stripe goes global with stablecoins — but skips Africa’s big four Previously, Stripe could only serve 46 countries. Now, the firm’s product is available in more than 100 countries excluding Africa’s big four.
Kenya fails IMF review, forfeits $850M disbursement The East African country is now seeking a fresh credit program from the IMF.
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