Africa

President Bola Tinubu with cryptocurrency symbols, the Nigerian flag, and regulatory documents, representing the signing of an executive order to coordinate crypto regulation.

Tinubu signs executive order to coordinate crypto regulation

For years, Nigeria’s crypto industry has operated without clear rules. That is gradually changing as the government introduces new measures to regulate cryptocurrencies and other virtual assets. President Bola Ahmed...
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Luno cryptocurrency exchange branding with Nigeria SEC regulatory approval graphics, blockchain network visuals, and digital asset trading interface

SEC’s ₦2bn capital rule puts crypto startups under pressure

For years, Nigeria’s crypto industry asked for one thing: clear regulation. Founders wanted legal certainty, investors wanted stronger protections, and legitimate businesses wanted a framework that would allow them to...
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Daya fintech platform with stablecoin payment network, African digital map, and funding announcement graphics representing $2.4 million investment

Nigerian fintech Daya raises $2.4 million to scale stablecoin payment network across Africa

Lagos-based Daya secures $2.4 million in seed funding to expand its stablecoin-based payment infrastructure across Africa, targeting transactions.
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Illustration of Zimbabwe introducing its first cryptocurrency regulations to oversee digital assets and strengthen blockchain compliance.

Zimbabwe Requires Crypto Firms to Register as Virtual Asset Service Providers Under New Rules

Zimbabwe introduces VASP registration requirements for crypto firms, joining regional push for formal oversight of digital asset businesses across Africa.
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Paystack AI-powered checkout interface with merchant dashboard, digital payment flow, and artificial intelligence features for African businesses

Paystack Unveils AI-Powered Checkout Prototype for African Merchants

Nigerian fintech Paystack has launched an AI-powered checkout prototype aimed at reducing cart abandonment and improving payment conversion rates.
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Kenyan Binance P2P trader arrested amid investigation into alleged fraud-linked cryptocurrency funds

Kenyan Binance P2P trader arrested over alleged fraud-linked funds

A Kenyan peer-to-peer trader on Binance has been arrested by authorities over claims that he received funds connected to a large cryptocurrency fraud scheme. According to reports, the trader is...
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Nigeria SEC Partners with Chainalysis to fight Fraud and Boost Transparency

Nigeria is taking a decisive step toward safeguarding its digital asset ecosystem. The Securities and Exchange Commission (SEC) has entered into a strategic collaboration with Chainalysis, a global leader in...
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Lemonade Payments: The Privacy-First Engine Powering African Business Growth

 In an industry crowded with payment platforms, each promising faster settlements, broader coverage, and sleek interfaces, Lemonade Payments refuses to blend into the noise. It positions itself not merely as...
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SEC DG Agama named AMERC vice-chair, projects $10tn market

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has been elected Vice-Chair of the Africa/Middle East Regional Committee (AMERC) of the International Organisation of Securities Commissions...
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Ethiopia Suspends Crypto-Mining Power Permits

Ethiopia’s state utility, Ethiopian Electric Power (EEP), has suspended issuing new electricity delivery permits to crypto-mining (or “data mining”) operators, a move prompted by mounting strain on the national grid...
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