Bank of Ghana issues draft guidelines for crypto regulation
Ghana’s apex bank has also asked for input from members of the public while it moves closer to establishing digital asset rules.
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Nigerian SEC mandates crypto firms to open local offices for regulatory sandbox participation
Nigeria's SEC unveils strict requirements for crypto firms, including local presence and hefty penalties, as it seeks to regulate the burgeoning digital asset market amidst global challenges.
Nigeria’s crypto crackdown: U.S. Congress pushes for Binance exec’s release from Nigerian prison
A bipartisan House resolution urges Nigeria to free Tigran Gambaryan, detained since February, citing health concerns and due process violations.
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Paxful co-founder pleads guilty to AML conspiracy charges, faces prison time
The plea comes after a tumultuous year for the P2P bitcoin exchange, which temporarily suspended operations in 2023.
🟠 South Africa’s message to the rest of Africa
Plus:
🇿🇦 South Africa grants 63 new crypto licenses
🏛️ FSCA chief outlines principles-based regulation
🇳🇬 CBN official testifies against Binance
🛠️ Fuse Network launches $10K summer hackathon
Nigerian Binance users transact using fictitious names, CBN official testifies
Olubukola Akinwumi, a CBN deputy director, revealed how Nigerians trading on Binance use false names to hide their identities.