Rwanda to establish crypto regulations in 2025 — NBR The National Bank of Rwanda said it is in talks with its capital markets regulator create crypto rules in Q1 2025
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.
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.