South African financial regulator mandates licensing for crypto exchanges
Crypto firms that continue to operate unlicensed beyond this deadline may face stringent enforcement actions, including possible closures or fines.
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Nigeria shows the highest crypto interest in Africa — CoinGecko study
Nigeria was previously ranked as the most crypto-curious country in the world.
Bitcoin fraud suspect denied bail in Zimbabwe
The suspect allegedly duped an eye specialist of $457,000 worth of cryptocurrency between October 2021 and March this year.
Mara partners NITDA to train government workers on blockchain technology amidst layoff controversy
The firm has conducted two rounds of layoffs within a span of six months, sparking concerns.
Peer-to-peer exchange Paxful welcomes new interim CEO
The exchange resumed operations some weeks ago after it shut down due to internal issues.
Sub-Saharan African currencies have plunged 8% in one year amidst soaring public debts and global uncertainties: IMF
The depreciation has contributed to rising inflation in the region. Notably, inflationary pressures do not decline when local currencies strengthen against the US dollar, IMF says.
Busha launches crypto payment service despite category headwind
Busha Commerce’s timing stands out, given the recent trends around African crypto payment companies.