🟠 Discovery Bank to offer in-app trading via Luno in SA
Plus: 🇬🇭 Ghana to deploy blockchain to track gold and curb illegal mining; 🇲🇦 Morocco publishes draft crypto rules.
News
🟠 A new South African stablecoin is now live on Luno
Plus: 🌍 Here’s why Flutterwave is enabling stablecoin payments via Polygon
🟠 Why Yellow Card shuttered its retail business
Plus: 🇿🇦 USD stablecoins can undermine African monetary sovereignty — SARB Governor
🟠 Flutterwave jumps on the stablecoin train
Plus: 🇳🇬 Nigerians prefer crypto investments and gambling to the capital market — SEC DG
🟠 Nigeria and South Africa exit FATF’s grey list
Plus: 🌍 Nigeria, South Africa and two other African countries exit FATF’s grey list
🇿🇦 Ripple to provide digital assets custody services for Absa’s users
🇰🇪 Kenya edges toward crypto regulation as parliament passes VASP bill
Nigeria, South Africa and two other African countries exit FATF’s grey list
According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF
🟠 Circle backs CV VC’s $20M African Blockchain Fund
Plus: 🌍 USDC-issuer Circle backs CV VC’s $20M African Blockchain Fund
🇳🇬 Experts call Nigeria’s crypto tax regime “progressive”