Author: Louis Dike

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Tanzania has removed Nigerian nationals from its Referred Visa Category, ending additional immigration clearance while retaining the standard visa requirement for Nigerian travellers.

Conversations with payment and stablecoin leaders at WAKA NiGHTS Lagos reveal how Africa’s next financial infrastructure could be shaped by stablecoins, AI, liquidity and cross-border payment networks.

Binance has taken a $100 million stake in Circle, the issuer of the USDC stablecoin, while agreeing to a new five-year commercial arrangement under which it will promote USDC across its platform. According to a Sept. 22 announcement from Circle and a related filing with the U.S. Securities and Exchange Commission, Circle issued Binance 1,237,011 Class A common shares at $80.84 each, generating $100 million for Circle. The investment was completed through a private placement and closed on Sept. 17.  The transaction gives Binance a direct equity interest in the company behind USDC while extending a commercial relationship between the…

The undisclosed acquisition gives Luno licensed collection and payout infrastructure as the crypto platform expands its institutional payments and settlement business across emerging markets.

Binance Africa executive Larry Cooke says regulators need to understand stablecoins as both financial infrastructure and a distinct digital asset class, while education and forward-looking leadership remain key to adoption.

The Digital Asset Market CLARITY Act fell short of the 60 votes needed to advance, after lawmakers remained divided over ethics safeguards, state enforcement powers and other provisions.

A batch of 600 Bitcoin mined in March 2010 has moved after more than 16 years of dormancy, drawing attention across the crypto market and reigniting speculation about the identity of the early miner behind the coins. The 600 BTC moved after 16 years across 12 separate mining rewards and was worth approximately $48 million at the time of the transfers, according to on-chain data reviewed by Cointelegraph.  However, despite the coins dating back to Bitcoin’s earliest years, blockchain tracking platform Whale Alert said its analysis found no connection between the 12 mining rewards and Bitcoin’s pseudonymous creator, Satoshi Nakamoto. …

Africa’s digital finance industry is evolving rapidly, but Mimi Kufuor believes women must play a greater role in determining what that future looks like. The Group COO of KoinKoin Limited and CEO of KoinKoin Ghana says the industry has made progress in bringing more women into technology, fintech and blockchain, but representation at the highest levels remains insufficient. Speaking to CoinAfrica, Kufuor argued that women need to move beyond simply participating in the industry and secure a place in the rooms where decisions about emerging financial technologies are being made. “We still need to be in rooms where decisions are…

Tony Emeka Nwabishop has formally notified Tola Joseph of legal action over social-media publications he alleges are false and defamatory.

Nigeria’s securities regulator also proposes 30% local ownership and rules that could bring offshore platforms serving Nigerian traders under its regulatory perimeter. The Securities and Exchange Commission (SEC) has proposed new rules that would significantly raise the capital and operational requirements for online forex brokers and trading-platform providers operating in Nigeria, with the largest proposed requirement reaching ₦5 billion. The proposed Rules on Online Forex Trading and Contract for Difference (CFD) would establish a formal regulatory framework for online forex and CFD activities offered to Nigerian residents, including by offshore operators targeting the Nigerian market. Under the draft, a forex…