Africa


Finance

Africa Embraces Stablecoins Via IOTA to Unlock $70B Pan-Continent Trade Tech

Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with USDT payments across 55 African nations.

Globe showing Africa (James Wiseman/Unsplash, modified by CoinDesk)

Finance

Flutterwave, Africa's $31B Payment Provider, Taps Polygon for Cross-Border Payments

The deal will roll out faster, low-cost payments for global firms such as Uber in more than 30 countries in Africa.

Globe showing Africa (James Wiseman/Unsplash, modified by CoinDesk)

Finance

Ripple Brings $700M RLUSD Stablecoin to Africa, Trials Extreme Weather Insurances

Stablecoins are gaining traction in cross-border payments, especially in emerging markets where access to reliable currencies and banks is limited.

Globe showing Africa (James Wiseman/Unsplash)

Policy

Ghana Plans Crypto Firm Licensing in Response to Growing Demand: Bloomberg

The country's central bank is finalizing a regulatory approval to submit to parliament by September.

16:9 Ghana flag (jorono/Pixabay)

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Markets

Blockchain.com to Expand Across Africa as Crypto Regulation Begins to Take Shape

The firm is expanding its presence in the continent as it begins to develop clearer regulations around cryptocurrency.

Globe showing Africa (James Wiseman/Unsplash)

Finance

Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board

The South African alternative investment firm has bought one bitcoin.

South Africa is classifying crypto assets as financial products. (Shutterstock)

Markets

Memecoin Madness Returns as Barstool Sports, BNB Chain, and an Entire African Country Dabble With Meme Tokens

America, Asia and Africa witnessed various regional memecoin events over the weekend.

Memes (Seize.io)

Policy

Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

The Crypto Council for Innovation has integrated with the Proof of Stake Alliance and secured partnerships with other policy groups in Japan and the U.K.

Sheila Warren's Crypto Council for Innovation is absorbing the Proof of Stake Alliance, which will retain its executive director, Alison Mangiero. (photo illustration by Jesse Hamilton/CoinDesk)

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Policy

Nigeria Planning to Present Law to Tax Crypto by September: Report

Enacting the law would need the support of the National Assembly.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Finance

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

Nairobi, Kenya, Africa (Amani Nation/Unsplash)