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Rwanda has taken a significant step toward regulating its cryptocurrency sector with the introduction of a draft law that mandates virtual asset service providers (VASPs) to apply for operating licenses or face prosecution. The move, led by the country’s Capital Markets Authority (CMA) and the National Bank of Rwanda (NBR), signals a shift toward formal…

IvoryPay’s Rapid Growth in Africa’s Crypto Payments Scene IvoryPay, a blockchain-powered payment and remittance platform enabling businesses across Africa to accept stablecoin payments, has secured a strategic investment from Hedera, a leading decentralized ledger network. This investment marks a significant milestone for IvoryPay as it continues to expand its influence in the African fintech space….

The remittance landscape in Africa is undergoing a transformation as Yellow Card, a leading pan-African cryptocurrency exchange, partners with Swiss fintech Centi to offer cheaper and more efficient cross-border payments. This strategic collaboration enables migrants in Europe to send money to their families in 20 African countries at significantly reduced costs, challenging the inefficiencies of…

Despite Morocco’s longstanding ban on cryptocurrencies, a groundbreaking report from French crypto brokerage HelloSafe reveals that around 6 million Moroccans are active crypto holders. This surprising figure underscores the resilience of decentralized finance in a country where regulatory frameworks remain largely unfriendly to digital assets. Read also: Finna: The African Solution to Inflation-Proof Lending and…

In a groundbreaking move, Coinbase has officially expanded its footprint in Africa by partnering with Onboard Global to launch peer-to-peer (P2P) payment services in Nigeria. At the same time, the Nigerian government has ramped up its regulatory scrutiny, filing an $81 billion lawsuit against Binance over alleged tax evasion and money laundering activities that, according…

BitGet, one of the world’s top 5 crypto exchanges, has announced a strategic integration with local fintech leader CallPay to enable South African users to deposit and withdraw funds in South African Rand (ZAR). This move is designed to streamline fiat-to-crypto transactions and accelerate mainstream crypto adoption in South Africa. Read Also: A Look at…

The Financial Sector Conduct Authority (FSCA) of South Africa is set to explore the integration of specific decentralized finance (DeFi) use cases into the regulatory sandbox managed by the Intergovernmental Fintech Working Group (IFWG). This initiative comes on the heels of a comprehensive survey that projects DeFi user numbers in the country to reach nearly…

Ethiopia’s vast coffee heritage is set for a digital transformation as innovative blockchain startup WAGA embarks on a mission to streamline the nation’s coffee supply chain through tokenization. Co-founded by Emanuel Acho (PhD) and Hana Terefe, WAGA leverages blockchain technology to empower smallholder farmers and enhance transparency in one of the world’s oldest industries. Read…

South Africa is on track to exit the Financial Action Task Force (FATF) grey list by October 2025, having resolved 20 of 22 action items flagged by the global watchdog. A pivotal factor in this progress? The nation’s groundbreaking cryptocurrency regulations, which have already granted operating licenses to over 200 crypto firms, signaling a major…

In a significant boost for its ongoing efforts to exit the Financial Action Task Force (FATF) grey list, Kenya has been selected to participate as a guest member in FATF’s global working groups and plenary meetings for a full year. This prestigious invitation marks Kenya’s first inclusion as a guest non-member from the East and…