Bank of Ghana warns against Yellow Pay, Yellow Card responds
BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
Crypto in Africa
Circle selects five African projects in latest USDC grants round
The cohort marks Africa’s strongest showing yet — and comes as ecosystem grants increasingly serve as early-stage capital for blockchain startups navigating a tougher post-FTX funding climate.
31% of Kenyan banks are warming up to crypto — CBK
According to the CBK, banks highlighted that crypto and NFTs offer alternative avenues for payments and investments, with the potential to boost transaction speed and lower costs.
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.
Crypto is legal in Nigeria — until the bank disagrees
Nigerian banks continue to flag accounts interacting with cryptocurrencies; arrests haven’t stopped, and confusion persists over what the law actually changed.
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.