Naira-backed stablecoin cNGN debuts on local exchanges
As stated on its website, only licensed users can purchase cNGN directly from the platform, while others can access it through cryptocurrency exchanges like Busha and Quidax.
Sam Adeyemo
Kenyan crypto group submits policy proposals to regulators
VACC touted a review of the digital asset tax to the Kenyan technical working group on virtual assets regulations as part of its recommendations.
African payments company, Accrue, raises $1.58 million
The Africa-focused cross-border payments company plans to expand its product offerings to other African countries and grow its staff.
SARB governor opposes crypto lobbyists influencing government decisions
Kganyago is unmoved by calls for government-owned bitcoin reserves, claiming the cryptocurrency is no different from apples and beef.
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.