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On Jan. 13, the Bank of Namibia announced provisional authorization for two entities, Mindex Virtual Asset Exchange and Landifa Bitcoin Trade, to operate as virtual asset service providers. Provisional Authorization…
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury…
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian…
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap…
The Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested 792 suspects involved in crypto romance scams. Scams Traced to Foreign Kingpins The Nigerian anti-graft body, the Economic and Financial…
Yellow Card, an African stablecoin platform, has partnered with Lightspark to integrate Universal Money Addresses (UMA) into its services. Yellow Card Connects African Businesses to UMA Network Yellow Card, the…
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud…
The fundraising is to expand Recursive Capital’s investments in bitcoin companies exclusively on the African continent. More Support for Bitcoin Companies in Africa Recursive Capital, a venture capital firm that…
South Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative…
Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations…