Ghana Formalizes Crypto Sector With Structured Licensing Pathway
Ghana’s Securities and Exchange Commission has launched a regulatory sandbox framework under the Virtual Asset Service Providers Act. Sandbox Duration...
Africa
South African Economist Flags Authoritarian Risks in CBDCs
Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to...
Nedbank and Crypto.com Partner to Transform African Payments
Nedbank has partnered with Crypto.com to develop blockchain-powered payment and settlement solutions across Africa. The collaboration aims to reduce cross-border...
Rwanda Unveils Yearlong CBDC Pilot Program
The Rwandan central bank has launched a 12-month pilot program for its central bank digital currency, following a successful proof...
Africa records highest stablecoin conversion spreads, data shows
Africa recorded the highest median stablecoin-to-fiat conversion spreads among tracked regions in January, according to data observed by payments infrastructure...
Top 5 Reasons Why Slippage Happens More Often in Crypto Than Major Forex Pairs
Nigeria has become one of the most active markets in Africa for digital asset participation, with many traders using mobile...
South African Firms Launch a Local Currency-Backed Stablecoin
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency...
Ghana Further Formalizes Digital Asset Sector with Education Campaign
Following the passage of the virtual asset service providers (VASP) Act (Act 1154), the Bank of Ghana has launched the...
Remittances ‘more important than aid’ as Africa turns to stablecoins
Stablecoins are increasingly being used across Africa as a cheaper and faster remittance option, with remittances becoming “more important than...
