[yesterday 7:45 PM] Ripple has partnered with Nigerian fintech startup Chipper Cash to facilitate cross-border payments into Africa using Ripple Payments. Crypto Payments Key to Low Cross-Border Fees U.S.-based digital asset infrastructure provider Ripple has…
[Mar 19 9:30 PM] The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20–40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms over the growing practice in which illegal…
[Mar 19 10:30 AM] Ghanaian President John Mahama announced on March 18 that he has regained full control of his X (formerly Twitter) account from hackers who used it to promote a fraudulent cryptocurrency scheme. Two-Factor Authentication Not Enough The president’s…
[Mar 14 5:30 AM] An African payment infrastructure provider is piloting the Africa Currency Marketplace, which seeks to enable countries to settle trades with local currencies. PAPSS Fees to Be Market-Driven The Pan-African Payment and Settlement System (PAPSS), a…
[Mar 13 4:50 AM] One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his account. Marks’ Answers Unsatisfactory Clynton…
[Mar 11 5:30 AM] Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing Dispute With Nigerian Officials…
[Mar 11 4:30 AM] Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African…
[Mar 6 11:30 AM] Binance’s battle with the Nigerian government has taken a new turn, as users in the West African country are now blocked from participating in airdrop campaigns. Users Told Service No Longer Available Weeks after Binance’s battle with the…
[Mar 6 9:30 AM] Ghana’s gold-for-oil barter scheme has been halted by the central bank, according to Bank of Ghana Governor Johnson Asiama. Stabilizing Foreign Exchange Markets The Ghanaian central bank has suspended a barter trade scheme in which it swapped…
[Mar 6 5:30 AM] The International Monetary Fund recently concluded that Namibia should not issue a retail central bank digital currency at this time. Namibia Lacks Resources to Pursue CBDC The International Monetary Fund (IMF) mission to Namibia recently concluded…
[Mar 4 7:19 PM] Bitcoin Magazine Bitcoin And Africa: Why Not Strategic Beef Reserve? South Africa Reserve Bank(SARB) governor’s question, “Why not strategic beef reserve?” at the 2025 World Economic Forum in Davos may have been rhetorical, but Lesetja…
[Mar 4 7:45 AM] Morocco has launched an investigation into residents suspected of using cryptocurrencies to buy properties abroad without approval. Global Exchanges Fingered The Moroccan Foreign Exchange Office has reportedly launched an investigation into…
[Mar 3 9:30 AM] Tether CEO Paolo Ardoino explained that the concept involves the installation of solar-powered kiosks in Africa to recharge batteries, with payments made through a monthly subscription in bitcoin, USDT, or local currency. Tether Plans to Enter the…
[Feb 27 3:06 AM] Coinbase has partnered with Onboard Global to offer Nigerian users secure and efficient cryptocurrency trading. Shielding Coinbase from Regulatory Risk Coinbase and Onboard Global have partnered to provide secure and efficient cryptocurrency…
[Feb 26 7:30 AM] Bitget, a Seychelles-based crypto exchange, has partnered with Callpay to enable South African Rand (ZAR) deposits and withdrawals. Streamlining Fiat-Crypto Transactions The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it…
[Feb 23 6:30 AM] A South African investment firm, has invested in bitcoin as a treasury strategy, aiming to bolster financial resilience and shareholder value. Altvest Capital to Invest Only in Bitcoin A South African alternative investment firm, Altvest Capital…
[Feb 21 4:10 PM] In April 2025, Bitcoiners from across the world will converge in Douala, Cameroon, for the Conference Bitcoin Afrique (CBA), a groundbreaking event dedicated to Bitcoin adoption in French-speaking African countries.This is not just another crypto…
[Feb 21 4:10 PM] Bitcoin Magazine Conference Bitcoin Afrique: A Bitcoin-Only Revolution in French-Speaking Africa In April 2025, Bitcoiners from across the world will converge in Douala, Cameroon, for the Conference Bitcoin Afrique (CBA), a groundbreaking event…
[Feb 19 9:40 PM] Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange…
[Feb 18 11:30 AM] Tether, the largest stablecoin company, announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea on February 17, aimed at accelerating the country’s digital transformation and economic growth through blockchain…
[Feb 15 10:30 PM] On Valentine’s day, Tigran Gambaryan reiterated claims that rogue Nigerian lawmakers demanded a $150 million bribe in exchange for dropping the case against the cryptocurrency exchange. Fake Meeting Tigran Gambaryan, head of financial crime…
[Feb 14 6:30 AM] President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange…
[Feb 9 11:40 PM] Tanzanian billionaire Mohammed Dewji’s social media account was recently hacked by crypto scammers who promoted a fake digital asset, the “Tanzania token.” Tanzania Token The social media account of Tanzanian billionaire Mohammed…
[Feb 8 12:30 AM] A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to…
[Feb 7 5:30 AM] Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and…
[Feb 3 2:30 PM] Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question The tiff between the United…
[Jan 31 8:30 AM] A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC)…
[Jan 30 2:09 PM] In the past two months, I’ve attended the Adopting Bitcoin Cape Town conference in South Africa and the African Bitcoin Conference in Kenya. I’ve also visited Bitcoin circular economies in both of these countries including Bitcoin Ekasi, Afribit…
[Jan 28 7:10 AM] South African fintech startup has partnered with BTS and Serti Solutions to facilitate cryptocurrency payments for vehicles at over 1,400 car dealerships. Bridging the Gap Between Customers and Car Dealers South African fintech startup 6DOT50…
[Jan 24 11:30 PM] The “America First” policies of the Trump administration could weaken currencies such as the Nigerian naira, leading to higher debt servicing costs. Trump Threat The “America First” policies of the Trump administration could…
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