Ghana passes law to regulate crypto and its service providers
Parliament’s approval of the Virtual Asset Service Providers Bill gives regulators legal authority over crypto activities, ending years of policy ambiguity.
Ubuntu Tribe CEO Mamadou Toure joins global finance leaders at Abu Dhabi Finance Week
Timon adds Apple Pay and Google Pay to virtual card for international travelers
IMF flags stablecoin risks, reiterates need for tighter crypto regulation
Binance launches crypto accounts for kids and teenagers
CBDCs are useful but are not an immediate priority — SARB
Bitcoin is South Africa’s most preferred crypto asset — SARB report
Business
Binance launches crypto accounts for kids and teenagers
Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.
South Africa’s Discovery Bank to support crypto transactions with Luno integration
Flutterwave CEO lays out the company’s stablecoin play — and why Polygon fits the plan
New South African stablecoin goes live on Luno
Why Yellow Card shuttered its retail business
Flutterwave taps Polygon for stablecoin-powered cross-border payments
Unlocking Africa’s next economy would require new money
Policy
Ghana passes law to regulate crypto and its service providers
Parliament’s approval of the Virtual Asset Service Providers Bill gives regulators legal authority over crypto activities, ending years of policy ambiguity.
IMF flags stablecoin risks, reiterates need for tighter crypto regulation
CBDCs are useful but are not an immediate priority — SARB
Bitcoin is South Africa’s most preferred crypto asset — SARB report
South Africa reiterates crypto and stablecoin risks amid rising use
Morocco publishes proposed rules to regulate cryptocurrency
USD stablecoins can undermine African monetary sovereignty — SARB Governor
technology
Bank of Ghana warns against Yellow Pay, Yellow Card responds
BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
CAR to tokenize 1,700 hectares of land using meme coin
Stripe goes global with stablecoins — but skips Africa’s big four
State of fiat
Nigeria, South Africa and two other African countries exit FATF’s grey list
According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF
Unlocking Africa’s next economy would require new money
Kenya fails IMF review, forfeits $850M disbursement
Kenya and Namibia join 10 African countries on FATF grey list
Nigeria seeks $1.5 billion World Bank loan to ease forex shortage
Ethiopia faces challenges as it integrates into BRICS
IMF approves Kenya’s financial package of $941 million
Enterprise
Pan-African bank Absa wants to digitize trade finance with blockchain
The bank will be able to adopt a digital process for issuing letters of credit
Exclusive: How blockchain is processing $1 million worth of ATM transactions daily in Nigeria
Mastercard launches tool to fight cryptocurrency fraud
BlackRock enters the cryptocurrency market with its bitcoin private trust
