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Africa is facing a surge in cyberattacks where hackers hijack social media accounts of prominent figures and institutions to promote fake cryptocurrencies. Some experts recommend educational campaigns to teach users…
Nigeria has taken a significant step towards regulating cryptocurrencies with the signing of the Nigerian Investments and Securities Act (ISA) 2025 into law. Cryptocurrency Officially Recognized As Asset Class The…
Nigeria’s government has accused Binance of facilitating terrorism and kidnapping financing through illicit fund transfers on its cryptocurrency exchange platform. Binance Faces Increasing Legal Challenges in Nigeria Prior to the…
South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day.…
Ripple has partnered with Nigerian fintech startup Chipper Cash to facilitate cross-border payments into Africa using Ripple Payments. Crypto Payments Key to Low Cross-Border Fees U.S.-based digital asset infrastructure provider…
The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20–40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms…
Ghanaian President John Mahama announced on March 18 that he has regained full control of his X (formerly Twitter) account from hackers who used it to promote a fraudulent cryptocurrency…
An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment…
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his…
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing…