Zanzibar introduces blockchain sandbox for startups
The archipelago in Tanzania wants to position itself as a hub for technological innovation.
Tanzania
Kenya and Namibia join 10 African countries on FATF grey list
This brings the total number of African countries on FATF’s grey list to 12, accounting for approximately 57% of all grey-listed countries.
Coinbase taps Yellow Card as on- and off-ramp partner for African expansion
Starting in February, Coinbase users in 20 African countries can buy USDC directly from the Coinbase Wallet App.
Tanzania moves to diversify its foreign reserves with gold
Tanzania’s local currency has seen record depreciation levels attributed to US rate hikes.
Nigeria received nearly $60 billion in crypto value in a year
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
World Mobile launches its multipurpose global mobile app
However, due to regulations, the Cardano wallet and fiat on-ramp features are currently unavailable in Tanzania.
Honeycoin taps MoneyGram to expand crypto-to-fiat capabilities
The partnership is aimed at facilitating cross-border transactions using both cryptocurrency and fiat currencies in multiple countries.