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A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has unveiled ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the South African rand. The partners describe … Read more
Following the passage of the virtual asset service providers (VASP) Act (Act 1154), the Bank of Ghana has launched the National Virtual Assets Literacy Initiative. Strengthening Oversight and Consumer Protection The Bank of Ghana (BOG) recently launched a cryptocurrency awareness initiative dubbed the National Virtual Assets Literacy Initiative (NAVALI). The launch of NAVALI is a … Read more
M‑pesa Africa has partnered with the ADI Foundation to integrate ADI Chain, a sovereign‑grade Layer 2 blockchain, across its mobile money operations in eight African countries, potentially reaching 60 million users. Bridging Traditional Mobile Money and Web3 M-pesa Africa and the ADI Foundation recently announced a strategic partnership to integrate institutional-grade blockchain infrastructure across the … Read more
Tether has partnered with the United Nations Office on Drugs and Crime to combat illicit cryptocurrency activity and strengthen Africa’s digital resilience. Africa’s Growing Vulnerability On Jan. 9, stablecoin giant Tether announced a strategic partnership with the United Nations Office on Drugs and Crime (UNODC) to combat illicit cryptocurrency activity and strengthen digital resilience across … Read more
The Trump administration’s embrace of cryptocurrencies has positioned the U.S. as the global hub for digital assets, ending regulatory ambiguity and sparking a worldwide crypto “arms race.” This shift forced African nations—once hostile to cryptocurrencies—to dismantle prohibitive frameworks and embrace regulation to avoid economic isolation. From Prohibition to Pragmatism The Trump administration’s aggressive pivot to … Read more
A new global analysis finds that hundreds of the world’s data centers are operating in climates that are too hot for optimal performance, raising costs, energy demand, and long-term sustainability concerns. Nearly 7,000 Data Centers Sit Outside Optimal Temperature Range, Study Finds The report, published by Rest of the World and authored by Hazel Gandhi … Read more
A new report warns that the Central African Republic’s rapid embrace of “opaque crypto projects” is exposing the country to foreign criminal influence and eroding state sovereignty ahead of the Dec. 28 election. A Warning of ‘State Capture’ The Central African Republic is facing a “grave risk of state capture” by foreign criminal organizations through … Read more
Ezeebit, a South African crypto payments infrastructure startup, has raised $2.05 million in seed funding to expand its stablecoin-based payment network across South Africa, Kenya, and Nigeria. Funding to Drive Product Development and Expansion Ezeebit, a South African stablecoin and cryptocurrency payment infrastructure company, has successfully closed a $2.05 million (R34.9 million) seed funding round … Read more
Investigators from more than 10 African countries—including Nigeria, South Africa, and Uganda—recently completed a week-long course in Kenya on cryptocurrency crime investigations. Equipping Detectives with Advanced Forensic Skills Kenya’s Directorate of Criminal Investigations (DCI) recently concluded a major regional training initiative aimed at strengthening Africa’s capacity to combat cryptocurrency-related crime. Investigators from over 10 African … Read more
As inflation and currency turmoil intensify across Sub-Saharan Africa and Turkey, crypto use is surging, signaling a pivotal shift that is fueling new momentum for Ripple’s expanding foothold in these rapidly evolving markets. Ripple Confirms Tremendous Traction as Africa and Turkey Reshape Demand Ripple executive Reece Merrick shared earlier this week on social media platform … Read more
