🟠 Move over, eNaira. cNGN enters the chat Plus: 🌍StarkWare launches $4M fund for African blockchain projects 🇰🇪 South African startup 6DOT50 introduces crypto payment for car purchases 🌍 Connect with Mariblock at ATS
🟠 When money buys regulation Plus: 🇿🇦 SARB governor pushes back on crypto lobbying in politics 🇰🇪 Kenyan crypto group fights for fairer regulations 🇳🇬|🇬🇭 Accrue raises $1.58M to expand African crypto payments
🟠 Stablecoins: proving to be stable, even in shady business Plus: 🇰🇪 Kenya issues draft policy to regulate virtual assets 🇳🇦 Namibian central bank grants provisional licenses to two crypto firms
Kenya issues draft policy on virtual assets regulation The country is also asking for public input as it moves one step closer to establishing crypto rules.
Kenya’s stock exchange eyes tokenized securities with Hedera Council membership The Nairobi Securities Exchange is looking to accelerate the tokenization of securities, targeting tech-savvy investors in Kenya's capital markets.
South African taxman goes after crypto traders to rein in taxes The tax agency is scrutinizing individual trading and tax data to find defaulters and issue them assessments. To crack down on non-compliance, SARS is also leveraging artificial intelligence (AI) technology.
Nigerian SEC grants provisional crypto licenses amid regulatory shift Crypto exchanges Quidax and Busha receive “Approval-in-Principle” as Nigeria takes steps towards regulating the crypto industry.