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A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to…
Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global…
Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question…
A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a…
South African fintech startup has partnered with BTS and Serti Solutions to facilitate cryptocurrency payments for vehicles at over 1,400 car dealerships. Bridging the Gap Between Customers and Car Dealers…
The “America First” policies of the Trump administration could weaken currencies such as the Nigerian naira, leading to higher debt servicing costs. Trump Threat The “America First” policies of the…
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following…
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…