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.
Kenya
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.
PwC lends weight to crypto lobby against Kenya’s digital asset tax
The coalition is pushing to scrap Kenya’s now-revised 1.5% crypto transfer tax, calling it unfair, innovation-stifling, and out of step with global norms.
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.