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
Sam Adeyemo
Ripple to provide digital assets custody services for Absa’s users
The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.
Kenya edges toward crypto regulation as parliament passes VASP bill
The bill has scrapped the creation of a new agency, VARA, and has instead placed VASPs under the CMA and CBK’s regulatory oversight.
Paxful shuts down, blames ex-co-founders Youssef and Schaback
The exchange asked users to withdraw their funds before November 1 when it will cease all operations
SWIFT partners with global and African banks on blockchain-based shared ledger
The network also wants its system to be compatible with more modern digital finance rails such as stablecoins
Experts call Nigeria’s crypto tax regime “progressive”
At a series of Mariblock webinars last week, experts in tax and digital assets said the new tax laws put a stamp on the legitimacy of the sector.
USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
Circle joins the Swiss-based venture capital firm to invest in early-stage African blockchain companies over a period of ten years from 2022.