FSCA warns against unlicensed crypto investment companies
Afriinvest and MutualWealth have been promising South Africans daily ROIs as high as 10,000 rands on crypto ‘investments.’
Companies
Tether teams up with Quidax on blockchain education in Africa
The firms plan to open access to bitcoin and stablecoin education for 15,000 individuals and businesses in Africa
Bybit partners African talent firm Alt School for tech education
The exchange is also launching a $100,000 scholarship for 1000 Alt School Africa students.
Sui blockchain cofounder launches $1.3M fund for African developers
Adeniyi Abiodun, cofounder of Mysten Labs (builders of Sui), says the $1.3M fund will offer low-interest loans to Semicolon students.
KPMG encourages Nigerian banks to embrace blockchain and crypto firms
In a joint publication with Chainalysis, KPMG says both banks and crypto firms can benefit from each other's strengths.
Luno chief calls for regulatory clarity around bitcoin’s onshore status in South Africa
Paul Harker says a significant amount of capital is on the sidelines waiting to be injected into the asset as soon as the classification is made.