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.
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.
Sidebar: Coinbase’s four-step plan for African builders Damilare Aregbesola, Coinbase’s new West Africa lead, wants to help African builders go beyond hackathons — unlocking funding, mentorship and real distribution paths to global success.
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.
Sidebar: Why Africa needs its own stablecoins — Paycrest Co-founder From Naira-backed cNGN to emerging tokens across Africa, Amadi explains how these assets, if regulated and widely accepted, could enable fast, legal, and dollar-free transactions across borders.