Author: Louis Dike
Louis Dike
Louis Dike is the Publisher of Coinafrica, leveraging years of experience driving growth for global exchanges like Bybit, Bitget, and VTrader across Africa. A former Binance Tutor, he now channels his expertise into clear, insightful reporting that amplifies Africa’s voice in the global Web3 economy.
Ghana’s newly passed cryptocurrency law is officially moving from policy to practice, as implementation efforts begin under the supervision of the country’s financial authorities. Following the passage of the Virtual Asset Service Providers (VASP) Bill, the Bank of Ghana has started rolling out frameworks, engagement sessions, and capacity-building initiatives aimed at preparing the local market for a regulated digital asset environment. This marks a critical shift for Ghana’s crypto ecosystem — from informal adoption to structured participation. From Legislation to Execution While Ghana’s approval of the VASP Bill made headlines across Africa’s crypto community, the real test lies in execution.…
Abu Dhabi, UAE — December 2025 — Mamadou Kwidjim Toure, CEO of Ubuntu Tribe, participated in Abu Dhabi Finance Week (ADFW). The four-day event brought together prominent entrepreneurs, including Bill Gates, decision-makers from all over the world, and institutional investors overseeing a combined $63 trillion in assets. The week saw crypto executives move between panel stages, private investor meetings, and invitation-only gatherings across the city. Bitcoin MENA, running alongside ADFW, featured Michael Saylor and drew institutional players from Asia, Europe, and the Middle East to discuss treasury strategy and Bitcoin’s role on corporate balance sheets. Weeks before ADFW, Toure joined Binance…
Ghana has officially entered a new phase in its digital finance journey following the passage of the Virtual Asset Service Providers (VASP) Bill, 2025, a law that formally legalizes and regulates cryptocurrency trading and services nationwide. The new legislation grants the Bank of Ghana regulatory oversight, empowering it to license crypto exchanges, wallet providers, brokers, and other digital asset intermediaries operating within Ghana’s borders. See more related: Ghana Prepares Crypto Regulation Framework as Digital Asset Use Grows What the VASP Law Means The framework introduces: For years, Ghana’s crypto ecosystem operated in a regulatory grey zone. The VASP Bill now…
The Central African Republic’s ambitious crypto agenda has once again come under scrutiny following reports highlighting governance and transparency risks. While the government maintains that its blockchain initiatives aim to modernize the economy, analysts warn that opaque structures could expose national assets to misuse. See more related: Addis Ababa Hosts Ethiopia’s Premier Blockchain Event Lessons for Other African Nations CAR’s experience highlights the importance of clear regulation, accountability, and public oversight when launching state-backed crypto projects. Balancing Innovation With Risk Crypto can offer financial inclusion benefits, but without transparency, such initiatives risk undermining investor confidence and national credibility.
Bitcoin has retreated sharply amid renewed global market uncertainty, slipping below the $86,000 mark and triggering liquidations across major crypto exchanges. While the downturn is global, Africa crypto market is feeling the impact in unique ways. Across Nigeria, South Africa, Kenya, and Ghana, traders are adjusting strategies as volatility rises. On-chain data shows increased stablecoin inflows on African-facing exchanges, signaling a shift toward capital preservation rather than aggressive speculation. Why Africa Is Particularly Exposed Africa’s crypto adoption is heavily driven by retail participation, remittances, and inflation hedging. When global markets wobble, local traders—many of whom operate with tighter margins—are often…
A breakthrough is unfolding in Africa’s digital finance ecosystem. Global Settlement Network (GSX), in partnership with Ubuntu Tribe, has unveiled a $5 billion gold-backed, on-chain settlement corridor aimed at reducing transfer fees and settlement times between Africa and Europe. This development marks one of the continent’s most ambitious attempts to modernize cross-border payments using blockchain and real-world assets. How the Gold-Backed Settlement Corridor Works The new settlement rail tokenizes allocated physical gold, enabling participants to settle in a stable, non-inflationary asset rather than volatile fiat channels. Gold-backed value can be moved on-chain in real time, bypassing correspondent banking delays. This…
Africa’s crypto landscape has entered a new phase. The Africa Bitcoin Corporation (ABC) — a Johannesburg-based Bitcoin treasury and SME-financing company — has secured a quotation on the Frankfurt Stock Exchange, one of Europe’s most liquid retail markets.This milestone is more than a corporate victory; it is a signal that African Bitcoin-native companies are stepping confidently into global capital markets. ABC’s cross-listing opens the door for European investors to engage with an African Bitcoin strategy on a larger scale. It also sets a precedent for how Bitcoin-backed businesses in emerging markets can attract institutional liquidity while growing local financial infrastructure.…
A new report shows a major shift in the global and African crypto landscape: institutional investors are significantly increasing their exposure to digital assets. Bitcoin, once considered speculative, is now being treated as a legitimate corporate treasury asset. This marks one of the biggest sentiment shifts since the early days of crypto. Why Institutions Are Moving Toward Bitcoin Analysts cite several factors driving the institutional pivot: The result is a wave of companies — from SMEs to multinationals — allocating small but meaningful portions of their balance sheets to Bitcoin and stablecoins. The Bitcoin Treasury Thesis Goes Mainstream Corporations are…
The South African Reserve Bank (SARB) has issued a new warning highlighting the growing risks posed by cryptocurrencies and stablecoins to the country’s financial system. With adoption soaring across retail and institutional sectors, SARB says the “regulatory blind spots” surrounding digital assets could create systemic vulnerabilities if left unaddressed. The statement reinforces what many analysts have predicted: South Africa is approaching a tipping point where crypto has become too significant to remain lightly regulated. Crypto Activity Surges — but Oversight Lags Behind According to new data cited by the central bank, stablecoin volumes in South Africa have surged to nearly…
Nigeria continues to lead Africa in grassroots crypto adoption, and the latest development reinforces this trajectory: an instant Bitcoin-to-Naira service has officially launched in Lagos, promising reliable exchange rates, automated payouts, and a compliance-driven onboarding process for local users. The platform — Monica.cash — enters a market hungry for stable and predictable off-ramp solutions. For years, Nigerian users have depended heavily on peer-to-peer (P2P) marketplaces to convert BTC to NGN, particularly after several banks restricted direct crypto-related transactions in 2021. This created a fragmented, risk-heavy environment where pricing was inconsistent and fraud risks were elevated. Now, a new phase of…