Author: 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.

The Bank of England (BoE) has proposed new regulatory limits on how much systemic stablecoin an individual or business can hold. Under the proposal: “Systemic stablecoins” refers to stablecoins already widely used in payment systems in the UK or likely to become so. Why the BoE Is Considering These Caps Regulators argue these limits are needed to protect financial stability. Key concerns include: See more related: HashKey Unveils $500 Million Digital Asset Treasury Fund to Bridge TradFi & Blockchain The BoE’s plans are part of wider efforts to build regulation around digital assets and ensure stablecoins do not disrupt banking…

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Byline/Dateline: New York — September 12, 2025 Strong Debut for Gemini IPO Crypto exchange Gemini Space Station, helmed by the Winklevoss twins, has set its IPO price at $28 per share, raising $425 million via a sale of about 15.2 million shares. The offering was oversubscribed over 20 times, and Gemini’s valuation stands at roughly $3.3 billion.  This price range came after strong investor demand pushed the IPO range up twice—from the initial $17-$19 to $24-$26 before finally settling at $28. Gemini will begin trading under the ticker “GEMI” on the Nasdaq. Nasdaq also made a concurrent $50 million private…

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Rising Fraud Concerns Lagos — The Economic and Financial Crimes Commission (EFCC) has raised fresh concerns about growing cases of crypto fraud in Nigeria, citing scams and shady platforms that have left many investors vulnerable. At the same time, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN) have urged regulators to provide clearer rules, stronger oversight, and user protection measures, stressing that crypto remains a vital part of Nigeria’s financial future. Why It Matters More related: South Africa Steps Up Crypto Tax Enforcement with AI and Expanded Oversight The Road Ahead Nigeria’s regulators face the dual challenge of protecting…

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Ghana has taken its first concrete step toward regulating digital assets. The Bank of Ghana (BoG) has launched mandatory registration for Virtual Asset Service Providers (VASPs) operating in or serving users in the country, marking the start of a phased approach that will culminate in formal licensing once a new legal framework is passed by Parliament.  The BoG’s notice clarifies that registration is compulsory for exchanges, custodians, brokers, wallet providers, and other VASPs, whether they have a physical presence in Ghana or offer services digitally. The exercise is intended to help the central bank map the market, assess risks, and…

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Introducing Nigeria’s First Unlimited Digital Banking Service. BoundlessPay is a borderless Digital Banking application that allows you to buy, sell, send, save, and spend fiat & e-currencies fast, easy, and safely. “With BoundlessPay, we are reimagining what digital banking means for Africa. For the first time, Nigerians can access a truly unlimited, borderless platform that lets them buy, sell, send, save, and spend both fiat and digital currencies seamlessly. Our mission is simple: to make money as fast, easy, and secure to move as sending a WhatsApp message—empowering individuals and businesses to thrive in a global digital economy.”— Franklin Peters,…

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Market Snapshot: Slight Pullbacks Global cryptocurrency markets saw mild losses today. Bitcoin slipped ~0.4% to about $113,536, Ethereum down ~0.5%, and XRP off ~1%. These declines came as traders processed the latest U.S. Consumer Price Index (CPI) report for August, which showed inflation at 2.9% year-over-year, meeting forecasts. Despite the drop, hopes remain high that the Federal Reserve will ease interest rates. According to CME’s FedWatch, there is a 91% probability of a quarter-point rate cut, and a 9% chance of a half-point cut in September. What’s Driving Sentiment Read more: ETF Hopes Surge for Litecoin, XRP & Solana as…

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ETF Talk Intensifies for Major Altcoins Markets are seeing a strong upswing in speculation and optimism surrounding possible spot ETF approvals for Litecoin (LTC), XRP, and Solana (SOL) by October 2025. In tandem with regulatory cues, price action is fueling inflows into these altcoins.  Drivers Behind the ETF Hope What These ETFs Could Mean Read more: Nasdaq Proposes SEC Rules to Allow Tokenized Stocks and ETPs on Its Main Market Risks & Considerations Looking Ahead

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Ras Al Khaimah (RAK), UAE — RAK Properties, a leading real estate developer in Ras Al Khaimah, has partnered with fintech firm Hubpay to enable property purchases using cryptocurrencies. The move targets global crypto investors and aligns with RAK’s “Vision 2030” drive toward innovation and economic diversification. Properties in the Mina Beachfront community will be among the first to offer flexible payment in Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and other digital assets. Why This Move Is Significant Key Considerations & Challenges See more related: 31,000+ South African Merchants Can Now Accept Crypto Payments Looking Ahead Expect possible interest from…

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Nasdaq Moves Toward Tokenized Securities New York — Major U.S. exchange Nasdaq (NDAQ) has filed a proposal with the U.S. Securities and Exchange Commission (SEC) that would enable trading of tokenized equity securities and exchange-traded products (ETPs). Under this plan, these instruments could be listed in either their traditional form or as blockchain-based tokens—subject to regulatory oversight and existing protections. The proposal includes using the existing regulatory frameworks that Nasdaq operates under, ensuring that investors have protections like best execution, market surveillance, transparency, and investor rights identical to traditional securities. What Tokenization Offers Red more: HashKey Unveils $500 Million Digital…

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HashKey Takes Institutional Crypto Global Hong Kong-based exchange and financial services provider HashKey Group has announced a bold new initiative: a $500 million Digital Asset Treasury (DAT) fund, targeting institutional investors with a focus on bridging traditional finance (TradFi) and blockchain-based assets. The fund is structured as a perpetual, institutional-only vehicle that allows for regular subscriptions and redemptions. Initially, its focus will be on mainstream cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH), before expanding into a broader portfolio of DAT-linked crypto projects. What Makes HashKey’s DAT Fund Different See more related: Johannesburg Innovator Aims to Pioneer Africa’s First Corporate Bitcoin…

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