South Africa is investigating fintech and crypto firm Kastelo over suspected exchange control violations involving about R3.5 billion in transactions. Finance Minister Enoch Godongwana confirmed the investigation in a recent parliamentary response. He said the…
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Nigeria’s Central Bank is demanding greater transparency from fintechs, payment companies, and other regulated financial institutions through a…
The biggest mistake African crypto startups make is not a technical one. It is not a product failure…
The Central Bank of Nigeria (CBN) is taking steps to ensure that no single payment company becomes too…
For decades, moving money across Africa has been far more complicated than moving money across continents. A business…
Ripple, the blockchain infrastructure company behind XRP and the RLUSD stablecoin, has made an undisclosed strategic investment in…
Less than five weeks after announcing plans to shut down operations due to funding constraints, cross-border payments startup…
The Bank of Ghana (BoG) has ordered banks, payment service providers, and other regulated financial institutions to stop…
Zimbabwe has formally introduced a regulatory framework for cryptocurrency businesses, requiring Virtual Asset Service Providers (VASPs) operating in…
Just months after escaping the Financial Action Task Force (FATF) ‘grey’ list, South Africa risks getting back on…
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