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.
Kenya
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.
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.
VACC hosts crypto training session for Kenyan lawmakers
The training session, supported by Binance, looked to help the regulators gain hands-on experience on the workings of digital assets before passing regulations.
Btrust grants $1M to ten Bitcoin-focused events and developer education programs
The Jack Dorsey-founded nonprofit awarded these grants to four African Bitcoin events and conferences of the ten beneficiaries.
Mastercard to enable stablecoin card transactions with Moonpay partnership
Holders of Mastercard-issued cards will be able to conduct transactions directly with their stablecoin balances