Bookmarking Crypto Insights
Auto Added by WPeMatico
Kenya’s Parliament has passed the Virtual Asset Service Providers (VASP) Bill at its Third Reading, sending the comprehensive digital asset regulation to President William Ruto for assent. Integrated Oversight and Licensing Kenya is one step away from enacting its first comprehensive law to regulate digital assets after the National Assembly passed the virtual asset service … Read more
Ripple’s RLUSD stablecoin is unlocking a new era of financial access in Africa, driving faster payments, beating inflation, and bridging banking gaps with blockchain precision. Ripple Partners Trigger RLUSD Wave Across Africa Africa is experiencing a rapid pivot toward digital money, with stablecoins emerging as vital instruments to address inflation, remittance costs, and limited banking … Read more
Sub-Saharan Africa saw a major spike in crypto activity in March, reaching $25 billion in monthly on-chain volume—driven largely by Nigeria’s centralized exchange usage. Nigeria Fuels Sub-Saharan Africa’s Crypto Growth In March, Sub-Saharan Africa (SSA) saw a sharp surge in cryptocurrency usage, with monthly on-chain volume reaching nearly $25 billion, its highest since the beginning … Read more
Chipper Cash said its bitcoin payments platform, powered by Voltage’s lightning infrastructure, now routes over 50% of its bitcoin transactions via the lightning network, marking one of the largest real‑world lightning deployments to date. Founded in 2018, the pan‑African fintech offers remittances, cross‑border payments, virtual Visa cards, stock investing and stablecoin rails. Lightning integration has … Read more
South African financial firm Altvest Capital plans to raise millions to buy bitcoin and create a crypto treasury reserve. Altvest Capital to Rebrand as Africa Bitcoin Corp A South African financial services company, Altvest Capital, has announced plans to raise millions of dollars to purchase bitcoin and establish a crypto treasury reserve. While several reports … Read more
Ripple’s RLUSD stablecoin is storming into Africa, unlocking explosive growth across finance, insurance, and crypto markets with real-world utility and powerhouse institutional backing. Ripple Brings RLUSD to Africa to Support Finance, Insurance, and Crypto Expansion Ripple announced on Sept. 4 that its USD-backed stablecoin, Ripple USD (RLUSD), will be made available in Africa through partnerships … Read more
An Interpol coordinated operation led to a sweeping cybercrime crackdown across Africa, resulting in 1,209 arrests and the recovery of $97.4 million. In Angola, authorities shut down 25 illegal cryptocurrency mining centers and confiscated 45 illicit power stations and equipment worth over $37 million. Angola Cracks Down on Illegal Crypto Mining Authorities in Angola recently … Read more
An employee of the Ugandan National Identification and Registration Authority (NIRA) has confessed to orchestrating the abduction of Festo Ivaibi in May. The Criminal Network and Its Methods In a stunning development, an employee of the Ugandan National Identification and Registration Authority (NIRA), has confessed to orchestrating the abduction of Festo Ivaibi, the founder of … Read more
A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the … Read more
Under a recently passed law, the Nigerian Securities and Exchange Commission’s expanded mandate now includes regulating virtual assets, cryptocurrencies, and tokens as securities. Nigeria’s Landmark Digital Asset Legislation Nigeria is positioning itself at the forefront of digital asset regulation in Africa with the recently passed Investments and Securities Act (ISA 2025). This landmark legislation, according … Read more
