Crypto regulations, policy updates, licensing frameworks, and compliance news from central banks and financial authorities across African markets.
TL;DR, The newly enacted Kenya digital asset regulation legalizes the industry, replacing a banking ban with clear rules that are projected to create 25,000 jobs and attract $1 billion in foreign investment by 2027. The Act introduces a dual‑regulator model, splitting oversight between the Central Bank of Kenya and the Capital Markets Authority, and sets…
TL;DR, Zone fintech, a regulated blockchain payments company, has processed over $689M across Nigeria. Its 2025 pilot aims to leverage this infrastructure to make cross-border remittances faster and cheaper for Africa. Instead of offering digital assets directly, Zone builds regulated blockchain rails for banks. Its focus on compliance and partnerships provides a template…
TL;DR, Eversend fintech, a capital-efficient African payments startup, processed over $230M with just $1.2M in funding by focusing on strong unit economics, achieving a 62% gross margin and a 19:1 LTV/CAC ratio. The platform evolved from consumer remittances to essential B2B infrastructure, using stablecoins to settle cross-border payments in minutes for African businesses…
When South Africa’s Financial Sector Conduct Authority (FSCA) officially called crypto assets “financial products” under the Financial Advisory and Intermediary Services (FAIS) Act, it was the first time in Africa that digital assets were accepted. The FSCA crypto license framework has now processed more than 400 applications since the application window closed on November 30,…
Access Bank allegedly froze 500 USDT accounts in 2023. Here’s what documented court cases reveal about Nigeria’s crypto freeze pattern, and your legal protections.
TL:DR, Crypto regulation in Africa varies dramatically across the continent, with approaches ranging from outright bans to legal tender status, creating a fragmented landscape. African regulators face unique challenges with decentralized technologies, including jurisdictional questions and keeping pace with rapid innovation. Effective frameworks must balance innovation with consumer protection while addressing Africa’s specific economic needs and…
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