Kenya’s crypto industry reacts as VASP Act becomes law
Stakeholders are saying the Act is a step in the right direction, as it provides legal backing to an ecosystem long in the shadows.
Policy
Kenya edges toward crypto regulation as parliament passes VASP bill
The bill has scrapped the creation of a new agency, VARA, and has instead placed VASPs under the CMA and CBK’s regulatory oversight.
Nigeria set to tax individual crypto transactions and exchanges in 2026
Individual crypto transactions will now be subjected to a maximum of 25% personal income tax on profit made.
Bitcoin mining set to power Ethiopia’s energy expansion
Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.
South Africa to introduce cross-border crypto framework in 2025
It will set parameters, conditions, administrative responsibilities, and reporting requirements for cross-border crypto transactions.
Ethiopia halts new crypto mining permits as power capacity reaches limit
This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.
DR Congo launches blockchain-based platform for diploma verification
The e-Diplôme platform is designed to reduce fraud by helping to verify government-issued diplomas in real-time.