Author: Louis Dike

Kenya’s Parliament has officially passed the Virtual Asset Service Providers (VASP) Bill, setting a clear legal framework for crypto firms. The crypto regulation bill places oversight under the Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) — rather than creating a separate regulator. This bill legalizes the operation of crypto exchanges, wallets, and digital asset custodians, while mandating compliance with anti-money laundering (AML) and consumer protection standards. See more related: Kenya’s New 10% Tax on Crypto Fees Goes Live as Industry Reacts Officials say the move aligns Kenya with global Financial Action Task Force (FATF) guidelines and will…

In a compelling vision for Africa’s digital finance future, a South African economist has proposed linking stablecoins (like USDC, RLUSD) to WhatsApp-based wallets, effectively turning everyday chat platforms into crypto payment rails. This concept marries the familiarity of mobile messaging with the power of blockchain: enabling users to send, receive, and transact in “digital dollars” with few moving parts. While still in the prototype stage, it illustrates how Africa could leapfrog traditional payment infrastructure. How It Would Work See more related: Ripple’s RLUSD Stablecoin Eyes Africa’s $329B Remittance Market Why this Could Be Powerful Challenges & Risks Africa Context &…

Despite Bitcoin’s record run past $125,000, a $20 billion South African investment fund is urging caution. The fund’s latest investor note advises against allocating all capital to crypto, emphasizing portfolio diversification as key to long-term stability. While crypto remains one of the best-performing asset classes, fund managers warn that volatility, liquidity risks, and unregulated exposure can amplify downside risks. See more related: South African Reserve Bank Warns on Crypto Risks Context The warning comes as Bitcoin becomes the seventh most valuable global asset, surpassing Amazon by market cap. African investors have flocked to crypto for returns and currency hedging, but…

With the global crypto market exceeding $4 trillion, analysts now see Africa as the frontline of the next phase of adoption. Crypto in Africa is no longer just about speculation — it’s about sovereignty, inclusion, and survival. From remittances to stablecoin-based trade, millions rely on crypto for daily finance. Yet the continent faces a crossroads: either embrace innovation through thoughtful regulation and infrastructure, or risk being left behind by the digital financial revolution. See more related: Africa Could Lead with Local-Currency Stablecoins Amid Regulatory Shifts Policy Gaps and Opportunity Many African regulators are still defining frameworks. Countries like South Africa…

A report by Standard Chartered warns that U.S.-dollar-backed stablecoins could drain over $1 trillion in deposits from emerging-market banks within the next three years. The bank highlights Africa, Latin America, and Southeast Asia as the most vulnerable regions, where citizens use stablecoins as a hedge against inflation and to access dollar liquidity amid weak local currencies. Africa’s Growing Stablecoin Dependence Across Nigeria, Kenya, and Ghana, stablecoins like USDT, USDC, and PYUSD are already being used for: See more related: Nigeria Becomes World Leader in Stablecoin Adoption, SEC Recognizes Digital Assets This shift, while empowering individuals, could destabilize traditional banks unless…

More than 650,000 Scan-to-Pay merchants in South Africa can now accept crypto payments directly at checkout. Powered by MoneyBadger, the integration allows customers to pay with Bitcoin, Ethereum, and stablecoins without converting them to rand first. This marks a significant leap for South Africa, long considered a crypto-friendly jurisdiction. By merging existing QR-based payment infrastructure with blockchain technology, crypto is becoming part of everyday commerce. MoneyBadger, which partnered with leading local exchanges, said the rollout aims to simplify digital payments and empower merchants to engage with a new demographic of crypto-savvy consumers. See more related: 31,000+ South African Merchants Can…

Bitcoin has officially entered uncharted territory, soaring past $125,000 to set a new all-time high. The surge marks one of the most significant moments in crypto history and cements BTC’s position as the leading global digital asset. Analysts attribute the rise to heavy institutional inflows, particularly from spot Bitcoin ETFs, coupled with renewed interest from hedge funds and high-net-worth investors. What’s Fueling the Rally “Bitcoin has crossed the psychological $125,000 mark, signaling not just market optimism but a structural shift in investor confidence,” said one analyst at Galaxy Digital. See more related: ETF Hopes Surge for Litecoin, XRP & Solana…

In a landmark development for Africa’s digital asset industry, Africa Bitcoin Corporation (ABC) has officially listed on the Namibia Securities Exchange (NSX) alongside its non-bank lender, Altvest Credit Opportunities Fund (ACOF), on 2 October 2025. This listing makes ABC Africa’s first publicly traded Bitcoin treasury company, marking a historic step toward bringing regulated Bitcoin investment access to investors across the continent. Regulated Bitcoin Access for Namibian Investors Through this listing, Namibian investors can now gain exposure to Bitcoin through a fully compliant, locally regulated investment vehicle by purchasing shares of ABC directly on the NSX. ABC’s ordinary shares trade under…

Africa’s crypto market is buzzing with regulatory developments this week. As of 3 October 2025, three major players — Nigeria, Kenya, and South Africa — are setting the tone for the continent’s digital asset future. From tighter taxation in Nigeria to Kenya’s landmark VASP bill, here’s what’s shaping Africa’s crypto economy today. Nigeria: Stricter Rules and Taxation Ahead Nigeria continues to be the largest crypto hub in Africa, but regulators are tightening their grip: Despite these moves, Nigeria’s P2P markets remain resilient, with adoption driven by cross-border remittances and a hedge against naira volatility. Kenya: VASP Bill Gains Momentum Kenya…

Currency swings are once again fueling the debate on crypto’s role in Africa’s financial system. The latest FX trends show Nigeria’s Naira gaining strength, while Ghana’s Cedi is weakening — trends that directly impact everyday businesses and households. For many, these shifts underscore why digital assets, particularly stablecoins, have become essential tools. Traders and consumers in both countries increasingly turn to USDT and Bitcoin as hedges against volatility. See more related: Ghana Begins Mandatory Registration for Crypto Firms as Full Licensing Framework Heads to Parliament Analysts note that when the Naira strengthens, crypto activity shifts more toward investment and remittance…