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.
Sam Adeyemo
Kenya’s apex court upholds 3% Digital Asset Tax
Meanwhile, the KRA said it is working on a system to ensure real-time compliance with the tax regime.
Court sets Gambaryan free as Nigerian government withdraws charges
The EFCC asked the court to release the Binance executive, citing his failing health and behind-the-scenes diplomatic meetings between the Nigerian and United States governments.
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network
These fintechs follow the steps of other notable Nigerian tradfi banks in implementing Zone’s blockchain-based payments processing network
Detained Binance exec faces further delay in bail request as health falters
Test Despite Tigran Gambaryan’s condition worsening, his bail request is postponed. The court is still to decide on his medical release.
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison
Binance disputes claims about its earnings in Nigeria, while legal battles intensify amid the six-month detention of employee, Tigran Gambaryan.
Bank of Ghana issues draft guidelines for crypto regulation
Ghana’s apex bank has also asked for input from members of the public while it moves closer to establishing digital asset rules.