Kenya set to scrap 3% digital asset tax after crypto lobbyist efforts
Kenyan crypto stakeholders joined together and enlisted PwC to add credibility to their submission for DAT’s scrap to the parliament.
Sam Adeyemo
Visa expands stablecoin strategy into Africa with Yellow Card partnership
Both firms plan to explore opportunities to drive stablecoin adoption in treasury management and cross-border payments across markets where Yellow Card is regulated.
Empowa expands blockchain housing model to Nigeria
The firm is also seeking for the listing of its native token EMP on Nigerian local crypto exchanges.
UK-based crypto exchange Blockchain.com to expand into Africa
Blockchain.com has already began the process to set up a physical space in Nigeria while it looks to secure licenses in three other countries as well.
Big on wallets, light on volume: Africa’s crypto paradox
Africa is seeing high crypto wallet adoption, but actual usage and value remain limited. Experts say economic realities, short-term utility and product gaps help explain the disconnect.
Stripe goes global with stablecoins — but skips Africa’s big four
Previously, Stripe could only serve 46 countries. Now, the firm’s product is available in more than 100 countries excluding Africa’s big four.
South African court rules that crypto is not subject to exchange control regulations
According to Judge M. P Motha, crypto is not money, and the scope of current regulations do not define crypto as capital.