Bank of Ghana issues draft guidelines for crypto regulation
Ghana’s apex bank has also asked for input from members of the public while it moves closer to establishing digital asset rules.
Policy
Seychelles approves landmark crypto bill to regulate virtual assets sector
Seychelles, long regarded as a crypto-friendly jurisdiction, is moving to rein in the digital asset industry within its borders as consumer complaints about crypto-related losses continue to rise.
Nigerian SEC mandates crypto firms to open local offices for regulatory sandbox participation
Nigeria's SEC unveils strict requirements for crypto firms, including local presence and hefty penalties, as it seeks to regulate the burgeoning digital asset market amidst global challenges.
Nigeria’s crypto crackdown: U.S. Congress pushes for Binance exec’s release from Nigerian prison
A bipartisan House resolution urges Nigeria to free Tigran Gambaryan, detained since February, citing health concerns and due process violations.
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Nigerian Binance users transact using fictitious names, CBN official testifies
Olubukola Akinwumi, a CBN deputy director, revealed how Nigerians trading on Binance use false names to hide their identities.
From rigid rules to flexible principles: South Africa’s approach to financial innovation
South Africa’s financial conduct regulator aims to foster innovation while protecting consumers, as crypto licensing efforts continue.