Africa Financial News

07.11 / 10:29

regulation Africa Kenyan lawmakers ask local Blockchain Association to come up with crypto bill

Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto. According to the Blockchain Association of Kenya (BAK), The National Assembly’s Departmental Committee on Finance and National Planning has directed it to prepare the first draft of “what could become a virtual asset service provider’s bill.”

18.06 / 09:19

Africa crypto tax Tanzania Looks to Amend Income Tax Act to Tax Crypto Trades

Tanzania has released a proposal to amend the Income Tax Act in a move to include a 3% withholding tax on income derived from crypto transactions.

23.04 / 10:33

markets Provident economy Africa Bill crypto regulation reports Kenya Establishes Multi-Agency Group To Lead Crypto Regulation

Kenya is initiating efforts toward crypto regulation, with the government forming a multi-agency team that includes the central bank.

05.01 / 10:46

Mining Africa Bitcoin Bitcoin is a Liberating Force for an African Village Mining It

A village in Malawi is full of “happy people” – thanks to Bitcoin mining.

25.12 / 07:52

Africa Financial Crypto Exchange Yellow Card Financial Set to Apply for Nigerian License Following Cryptocurrency Ban Lift

Pan-African cryptocurrency exchange Yellow Card Financial has announced plans to apply for a license in Nigeria following the recent lifting of the country’s cryptocurrency ban.

04.12 / 20:09

Ethereum Stablecoin ETF education Africa Police Bitcoin 2024 Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 + More News

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news.

30.11 / 11:55

Blockchain Trading Africa banking How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO

Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said.

30.11 / 09:34

Adoption defi Forex Africa Foreign exchange DeFi could solve Africa’s foreign exchange problems, neobank CEO says

Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) could solve, leveraging cryptocurrencies, blockchain networks and services, according to the CEO of Canza Finance, Pascal Ntsama IV.

23.11 / 17:29

Ethereum USDT Gaming Africa USDC Middle east Bitcoin Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________

08.11 / 12:15

Blockchain Ripple Africa Ripple Collaborates to Power Payments Corridors Between Africa and Rest of the World

Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world.

08.11 / 04:35

Blockchain Ripple Africa Money Transfers remittances Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf

Ripple will power new payment corridors between 27 African countries and Australia, the United Kingdom and the Gulf Cooperation Council (GCC) under a deal with African mobile payments provider Onafriq.

31.10 / 09:38

CBDC Adoption regulation Africa end Kenya to introduce digital IDs for citizens by year-end

The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. According to the president of Kenya, William Ruto, whose speech at the East Africa Device Assembly Kenya plant in Athi River was cited by local media on Oct.30:

30.10 / 16:33

Africa community Cash remittances Bitcoin Community Bitcoin Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video

Cointelegraph recently traveled to Cape Verde, West Africa, to explore whether Bitcoin (BTC) could be a tool for progress.

30.10 / 13:55

Africa Lightning Network Crowdfunding lightning Bitcoin Bitcoin builder climbs Africa’s tallest mountain to raise awareness

A Bitcoin (BTC) educator based in Tanzania has scaled Africa’s highest peak, Kilimanjaro, financing the entire trip through Bitcoin and Nostr donations.

10.10 / 15:07

Ripple FATF Africa Bitcoin Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

02.10 / 16:03

regulation privacy Africa Worldcoin Parliamentary Committee committee Parliamentary committee calls for shutdown of Worldcoin in Kenya

A parliamentary committee in Kenya’s government tasked with investigating Worldcoin has recommended that regulators shut down the project’s operations in the country.

21.09 / 15:03

Blockchain CBDC Adoption Africa Podcast Hashing It Out Hashing It Out: What happens when crypto meets fintech in Africa?

Ahead of the Africa Money and DeFi Summit, Hashing It Out host Elisha Owusu Akyaw (GhCryptoGuy) spoke with Andrew Fassnidge, founder of Africa Tech Summit, and Enoch Antwi, CEO of Dnar — a finance application that has decided to rebuild and reenter the Ghanaian market this quarter. The conversation covered the intersection between cryptocurrency developments on the African continent and the financial technology sector. Fassnidge shared his experience from the perspective of an investor and conference organizer who has seen the genesis of multiple unicorns on the content, and Antwi offered his thoughts from the perspective of a founder in both sectors.

14.09 / 11:49

Payments wallet Latin America Career Africa Stellar expansion MobileCoin Appoints New CEO for Global Expansion of Crypto Payments

MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.

13.09 / 10:39

business Blockchain Stablecoin Adoption wallet Africa Opera Opera browser debuts stablecoin wallet MiniPay in Africa

The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available to its user base in Africa.

08.09 / 09:39

Blockchain Technology Adoption Africa Africa’s blockchain journey begins with poverty alleviation — SumoTrust CEO

Many people have called for Nigeria and Africa to incorporate blockchain technology into daily life; however, poverty must first be conquered before blockchain technology can be properly integrated into society, according to GT Igwe Chrisent, the CEO of SumoTrust, an online savings and investment platform; and Truzact, a crypto wallet.

05.09 / 13:31

Twitter Adoption Africa Bitcoin acquires Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala

₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition.

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