🟠 Flutterwave jumps on the stablecoin train
Plus: 🇳🇬 Nigerians prefer crypto investments and gambling to the capital market — SEC DG
Crypto in Africa
Nigerians prefer crypto investments and gambling to the capital market — SEC DG
Emomotimi Agama said the country is missing out on substantial investments because Nigerians avoid investing in the Nigerian capital market.
🟠 Nigeria and South Africa exit FATF’s grey list
Plus: 🌍 Nigeria, South Africa and two other African countries exit FATF’s grey list
🇿🇦 Ripple to provide digital assets custody services for Absa’s users
🇰🇪 Kenya edges toward crypto regulation as parliament passes VASP bill
Kenya’s crypto industry reacts as VASP Act becomes law
Stakeholders are saying the Act is a step in the right direction, as it provides legal backing to an ecosystem long in the shadows.
Unlocking Africa’s next economy would require new money
Ayotunde Alabi highlights how adopting stablecoins and tokenized assets can help Africa build a modern financial system that drives trade and economic growth.
Africa moved $54 billion in stablecoins; now what?
Despite these impressive figures, there is a huge policy vacuum sitting between potential and scale.
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.