StarkWare launches $4M fund for African blockchain projects
The fund looks to empower six to eight African blockchain startups yearly through grants, venture investments and accelerators.
Ghana
Verda Ventures partners with Opera to launch $40 million MiniPay fund
The fund will support Web3 startups to build products around Opera’s MiniPay wallet.
Bank of Ghana issues draft guidelines for crypto regulation
Ghana’s apex bank has also asked for input from members of the public while it moves closer to establishing digital asset rules.
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Paxful co-founder pleads guilty to AML conspiracy charges, faces prison time
The plea comes after a tumultuous year for the P2P bitcoin exchange, which temporarily suspended operations in 2023.
USDT issuer Tether partners NODO for stablecoin education in Africa
The partnership comes amid an intensifying battle for stablecoin market share in Africa. Last year, stablecoin volume exceeded $30 billion.
Core DAO launches a $5 million Africa blockchain fund
Dubbed the “Core African Innovation Fund,” the initiative seeks to support blockchain projects in Africa.