Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities.
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday.
Kenyan crypto tax bill makes it through parliamentary committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
Trezor launches education initiative in Africa, funds Bitcoineta trip
Trezor has officially launched its educational program in Africa in addition to funding the local Bitcoin awareness campaign, Bitcoineta, and the Africa Bitcoin Conference.
DeFi could solve Africa’s foreign exchange problems, neobank CEO says
The CEO and co-founder of neobank Canza Finance claims that utilizing Baki for foreign exchange trades in Africa creates a hub for African businesses to participate in intra-African and FX trades at a reduced cost.
Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf
The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.
Kenya to introduce digital IDs for citizens by year-end
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take a couple of months.
Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video
A small island nation in the Atlantic Ocean grapples with a cash economy influenced by tourism, remittances and limited resources. Can Bitcoin help?
Parliamentary committee calls for shutdown of Worldcoin in Kenya
The committee’s recommendations included having the Kenyan government consider implementing a comprehensive framework for digital assets and virtual asset service providers.
Opera browser debuts stablecoin wallet MiniPay in Africa
Opera’s new in-browser, non-custodial wallet runs on the Celo blockchain and targets the platform’s user base in Africa for P2P stablecoin transactions.
Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation.
Jack Dorsey’s ₿trust acquires African Bitcoin organization Qala
As part of the acquisition, Qala rebrands as the ₿trust Builders Programme and aims to drive the development and education across the Global South.
Bitcoin gains traction in West Africa with educational drive
As anti-French sentiment rides high in West Africa, Bitique opens its doors, the “Bitcoin Mastermind” conference beckons and more nodes come online to verify the Bitcoin blockchain.
Somalia bans Telegram and TikTok over misinformation
Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned.
Commodity tokenization is the economic aid Africa needs
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid.
Zimbabwe central bank close to introducing gold-backed digital tokens into retail
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.
Worldcoin cryptocurrency project suspended in Kenya
Kenyan authorities want to make sure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data.