Crypto Regulations Africa | Policy, Compliance

Kenya Scraps 3% Crypto Tax: New Fee-Based System Explained.

KenMichaelsJune 30, 2025January 29, 202608 mins

Kenya repeals 3% digital assets tax following unified industry advocacy, replacing with 10% excise duty on VASP fees, net trader cost drops to 0.1%. Swypt, Busha, HoneyCoin, Luno, GoChapaa + PwC presented case against transaction value taxation.
Kuria Kimani (Finance Committee): “Changed from transaction amount to fees charged when trading.” Section 12F Income Tax Act repealed.
Finance Bill 2025 moves to Senate, awaits President Ruto assent. VASP Bill 2025 licensing framework targets consumer protection. Kenya drafts East Africa crypto policy blueprint alongside Nigeria, South Africa

BoG Alert: Avoid YellowPay and HanyPay – Ghana Crypto Regulations Update

KenMichaelsJune 17, 2025July 30, 202609 mins

In Brief Ghana crypto regulations now caution against the use of unlicensed VASPs like Yellow Card and HanyPay, highlighting the BoG’s commitment to formal oversight. A Virtual Asset Providers Act is slated for September, requiring all crypto on/off‑ramps to obtain licenses and comply with AML standards. Upcoming rules—aligned with FATF—aim to foster financial inclusion while…

Navigating the Evolving Fintech Regulation Landscape in 2025: Key Insights from Leading African Nations

KenMichaelsJune 7, 2025January 22, 2026012 mins

Nigeria’s EFCC has sentenced two Chinese nationals to one year in prison for crypto fraud, part of a 792-member syndicate dismantled in the December 2024 “Eagle Flush Operation” that netted nearly 800 arrests. The convictions mark Nigeria’s intensified crackdown on digital asset crime as Africa’s leading Web3 ecosystem strengthens its AML/CFT framework to exit the FATF grey list. With a 45% surge in financial fraud and mounting pressure from the IMF, Nigeria is sending a clear message: bad actors in its crypto sector will face swift justice.

Crypto’s Quiet Momentum: Blockchain Developers Forging Regulatory-Ready Futures

KenMichaelsMay 28, 2025July 29, 202609 mins

Markus Levin, co-founder of XYO, provides inspiring sentiments of the crypto industry, citing that in spite of the radical upswing of the market, the true momentum of the industry lies within the relentless activity of blockchain developers. In Brief Blockchain developers are pivotal in building compliance-ready DeFi protocols, privacy-preserving solutions, and AI-blockchain integrations across Africa….

Legal Loophole or Progress? Unpacking the SARB Exchange Control Case Ruling

KenMichaelsMay 26, 2025January 30, 202608 mins

Pretoria High Court declares cryptocurrencies exempt from exchange control after SARB froze $37M (R556M) Bitcoin transfer by Leo Cash and Carry, attempting $1M forfeiture from Standard Bank.
Judge Mlambo rules crypto not “money” or “capital” under Exchange Control Act, exposing legislative gaps threatening capital flight. Norton Rose Fulbright warns “reprieve may be short-lived” as Baker McKenzie notes amendments could reassert oversight. FATF travel rule implementation by 2025 and Nigeria-Kenya regulatory reforms shape Africa’s digital asset future.

Kenya Fast-Tracks Crypto Regulations with Lawmaker Training Backed by Binance

KenMichaelsMay 26, 2025July 29, 202608 mins

The crypto training session organized by the Virtual Assets Chamber of Commerce(VACC) and Binance has been a pivotal step towards robust Kenya crypto regulation bill frameworks. In Brief Crypto training session equipped Kenyan MPs with hands-on blockchain and VASP Bill insights to craft balanced crypto regulations. The session’s focus on consumer protection, financial crime prevention,…

HashKey Global MENA Launches Regulated Crypto Platform with UAE Crypto License

KenMichaelsMay 15, 2025July 29, 202609 mins

The Hashkey Global MENA initiative has taken a pivotal step forward after announcing the launch of its digital assets exchange after securing a UAE crypto license from Dubai’s Virtual Assets Regulatory Authority(VARA). Key Takeaways HashKey Global MENA leveraged its UAE crypto license to establish a regulated institutional trading platform. Its fiat-crypto and OTC services bridge…

Navigating Kenya’s Blockchain Future: Blockchain Compliance Training for Digital Asset Tokenization

KenMichaelsMay 12, 2025July 29, 202609 mins

The Nairobi Securities Exchange paves the way for radical change by hosting a blockchain compliance training prior to the launch of the Kenya Digital Exchange, blockchain-based platforms to tokenize real-world assets. Key Takeaways The NSE’s one-day NSE Kenya compliance workshop on May 22, 2025, offers an in-depth look at governance, AML/CFT, and regulatory frameworks for…

Kenya’s Biometric Data Ruling Sparks Bold Regulatory Shift

KenMichaelsMay 9, 2025July 30, 2026010 mins

Biometric data ruling forces WorldCoin to delete all Kenyan user data, setting a legal precedent for African Web3 privacy laws. Kenya’s court rejected WorldCoin’s “informed consent” claims, exposing exploitative practices targeting vulnerable communities. The ruling signals Africa’s growing regulatory power, pushing global Web3 projects to prioritize privacy over profit. The recent biometric ruling by Kenya’s…

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Bold Vision: Zone’s Regulated Blockchain Ecosystem Sparks Hope

KenMichaelsMay 8, 2025July 30, 2026010 mins

Regulated blockchain ecosystem: Zone’s Nigerian network enforces compliance in real time via regulator-run nodes and AI screening. Nigerian CBDC integration with Zone’s blockchain revives hopes for eNaira’s adoption through fiat-powered DeFi tools. Tiered wallets and smart contracts automate compliance, reducing crypto fraud and human intervention risks. Africa is at the epicentre of its Web3 journey,…

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