TL;DR, The Nigerian Senate committee urged immediate crypto regulation establishment, warning that unclear policies are crushing the Naira. The Senate proposes a unified framework to align the CBN and SEC, promote local crypto exchanges, and adopt blockchain tech. New SEC director-general Emomotimi Agama pledged to transform Nigeria’s capital market following Senate warnings that regulatory confusion…
TL;DR, A Binance executive facing money laundering and Naira manipulation charges escaped to Kenya, sparking EFCC, Interpol, and Kenyan police collaboration for extradition. The executive was detained in February alongside Tigran Gambaryan following accusations of Naira manipulation and illicit transactions. This case represents Nigeria’s aggressive stance on crypto regulation after CBN governor cited “suspicious flows” on Binance….
TL;DR, The US bitcoin ETF approval triggered a price surge, opened doors for institutions, and signals Africa’s need for clear digital asset regulation. For Africa, ETFs bring opportunities: legitimized investments, diversified treasuries, taxable revenues, and expanded access to digital assets. The ETF framework offers African regulators a tested model for cryptocurrency regulation, enabling financial institutions to diversify…
TL;DR, Among the first batch to receive South Africa’s crypto license include Luno, South Africa’s top crypto exchange, and Zignaly, a decentralized social investing platform. Zignaly obtained a Category 2 discretionary FSP license listed on the FSCA registry under Merritt Administrators PTY LTD. Since June 2023, the FSCA has been accepting licensing applications, attracting over 230…
TL;DR, Nigeria’s central bank officially denied issuing any fake CBN directive targeting crypto exchanges after documents circulated online claiming to freeze accounts linked to digital assets. The controversy revealed knowledge gaps in Nigeria’s crypto community, emphasizing the importance of verifying information through official channels rather than social media. The real action was a separate, court-approved…
TL;DR, The Central Bank flagged $26 billion in untraceable transactions linked to Binance operations, intensifying the government probe into Nadeem Anjarwalla before his escape. Following a mysterious breach of custody, Nigerian authorities have charged Binance with tax evasion and enlisted Interpol to issue an international warrant for the fleeing regional manager. This incident highlights the…
TL:DR, Zimbabwe’s ZiG currency launches as physical gold-backed money, with 2.6 tonnes gold reserves backing 1.1 billion ZiG units, replacing previous digital token plans in April Zimbabwe abandoned its digital currency ambitions, converting gold-backed digital tokens into physical ZiG notes and coins valued at international gold prices. One ZiG is equivalent to 1 mg of gold, with…
TL:DR, Google’s integration, including its new Bitcoin address search function, now covers 75% of the entire crypto market, signaling massive mainstream adoption and a major vote of confidence. Users can now search a Bitcoin wallet address directly in Google to see its balance and last transaction, drastically simplifying a process that once required a…
TL;DR, Bitcoin Dada graduated 28 women from its fifth cohort, showcasing its active mission to educate and uplift women in cryptocurrency across Africa. Founded by Lorraine Marcel, Bitcoin Dada uses education, community “sisterhood,” and career days to break down barriers and foster financial inclusion for African women. The initiative provides live virtual classes, in-person meet-ups,…
TL;DR, Bitcoin Dada delivers a six-week, live, tuition-free cryptocurrency education program empowering African women. Community-led sisterhood, mentorship, and hands-on training build confidence, practical crypto skills, and pathways into Bitcoin-related roles. Lorraine Marcel’s decentralized vision expands access across Africa while tackling crypto’s gender gap through education and community. Lorraine Marcel, the visionary founder of…
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