Crypto crime proceeds valued at $40.1 billion in 2024—Chainalysis The figures are expected to rise much higher and cross the $51 billion threshold as crypto crimes become more sophisticated and professional.
Namibia shores up crypto regulations, grants provisional licenses to two crypto firms The country wants these firms to meet its preauthorization requirements before they are fully licensed.
Kenya issues draft policy on virtual assets regulation The country is also asking for public input as it moves one step closer to establishing crypto rules.
South Africa’s FSCA licensed 248 crypto firms in 2024 Pan-African exchange, Yellow Card, also secured an FSCA-issued financial service provider license late in the year
Mariblock Roundtable: Stablecoins and Africa’s financial future The first-of-its-kind event is set to bring together blockchain and fintech professionals to discuss emerging trends around stablecoins in Africa.
Ethereum ecosystem support program gives out $13 million in Q3 At least five African companies benefitted from the latest batch of the ecosystem grant allocation from Ethereum.
Verda Ventures partners with Opera to launch $40 million MiniPay fund The fund will support Web3 startups to build products around Opera’s MiniPay wallet.