Binance ends naira support in Nigeria amidst regulatory pressure
Users can still trade crypto but need other services to deposit/withdraw naira
News
Nigerian official confirms the investigation of Binance
The Office of National Security Adviser (ONSA) “is coordinating an interagency investigation into the operations of Binance,” according to ONSA’s head of strategic communications, Zakari Mijinyawa.
Kenya moves to regulate cryptocurrency trading amid FATF grey listing
The East African country, added to FATF’s grey list last week, committed to reining crypto-related money laundering and terrorism financing risks.
First-ever South African crypto licenses are imminent: FSCA official
A pivotal moment for Africa’s crypto regulatory landscape as South Africa nears crypto license issuance.
Nigeria seeks $1.5 billion World Bank loan to ease forex shortage
Nigeria’s Finance Minister added that the country is also looking to tap into the Eurobond market this year if rates fall.
Ethiopia faces challenges as it integrates into BRICS
In December 2023, Ethiopia informed its bondholders that it would not be able to make a $33 million repayment on its $1 billion Eurobond loan.
Core DAO launches a $5 million Africa blockchain fund
Dubbed the “Core African Innovation Fund,” the initiative seeks to support blockchain projects in Africa.