Bitcoin is South Africa’s most preferred crypto asset — SARB report

Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.
Bitcoin — coverage and analysis.

Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.

Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.

Plus: Mariblock Roundtable; 🇿🇦 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.

This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.

The Jack Dorsey-founded nonprofit awarded these grants to four African Bitcoin events and conferences of the ten beneficiaries.

The Human Rights Foundation via its Bitcoin Development Fund gave out 10 bitcoins to 23 projects globally

Paul Harker says a significant amount of capital is on the sidelines waiting to be injected into the asset as soon as the classification is made.

Plus: 🌍 Hedera makes undisclosed ‘strategic investment’ in stablecoin payments firm, Ivorypay. 🌍 Swiss fintech Centi expands African presence with Yellow Card partnership. 🌍 Ethereum layer-2 chain, Lisk, announces completion of first cohort of incubator.