🟠 Circle backs CV VC’s $20M African Blockchain Fund
Plus: 🌍 USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
🇳🇬 Experts call Nigeria’s crypto tax regime “progressive”
Ogechi Nelson
🟠 New law: Crypto taxes and penalties arrive in Nigeria in 2026
Plus: 🌍 Coinbase-backed Onboard 3.0 attracts 10k users two months after launch; 🇳🇬 Kredete raises $22 million to fuel expansion efforts
🟠 Sub-Saharan Africa emerges as third-largest crypto market globally
Plus: Mariblock Roundtable; 🇿🇦 South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve
Sub-Saharan Africa now the third-fastest-growing crypto region, Chainalysis
Nigeria led the region with $92.1 billion in value received over the 12-month period, nearly three times that of South Africa.
🟠 What “OnChain” actually means — and why it matters for Africa
The OnChain Conference 2025 brings together Africa’s blockchain builders, regulators, and business leaders for two days of focused discussion on the operational realities of building onchain systems.
AFAN’s blockchain partnership sparks concerns over Tingo connection
The company has not clarified whether it operates independently from the entities involved in the Tingo SEC fraud case.
South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve
The Johannesburg-based firm will rename itself Africa Bitcoin Corp. and hold the cryptocurrency on its balance sheet.