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.
Policy
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.
Bank of Ghana asks VASPs to register as regulations ramp up
The BoG says it is merely looking to identify VASPs and not to issue a license just yet.
Bank of Ghana warns against Yellow Pay, Yellow Card responds
BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
PwC lends weight to crypto lobby against Kenya’s digital asset tax
The coalition is pushing to scrap Kenya’s now-revised 1.5% crypto transfer tax, calling it unfair, innovation-stifling, and out of step with global norms.
South African court rules that crypto is not subject to exchange control regulations
According to Judge M. P Motha, crypto is not money, and the scope of current regulations do not define crypto as capital.