IMF flags stablecoin risks, reiterates need for tighter crypto regulation
The IMF says stablecoin issuance has grown to $300 billion in 2025, but increased adoption poses financial risks if left unchecked.
Crypto in Africa
Binance launches crypto accounts for kids and teenagers
Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.
🟠 Discovery Bank to offer in-app trading via Luno in SA
Plus: 🇬🇭 Ghana to deploy blockchain to track gold and curb illegal mining; 🇲🇦 Morocco publishes draft crypto rules.
South Africa reiterates crypto and stablecoin risks amid rising use
SARB said the absence of a complete regulatory framework for crypto assets and stablecoins remains a key vulnerability in South Africa’s financial system.
South Africa’s Discovery Bank to support crypto transactions with Luno integration
Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.
🟠 A new South African stablecoin is now live on Luno
Plus: 🌍 Here’s why Flutterwave is enabling stablecoin payments via Polygon
Flutterwave CEO lays out the company’s stablecoin play — and why Polygon fits the plan
Olugbenga Agboola said rising demand from clients and suppliers already using stablecoins pushed Flutterwave to build payment flows that match how people are transacting today.