TL;DR, The Core DAO Africa Innovation Fund is deploying $5 million to support Web3 builders, offering a crucial lifeline in a market where the average deal size for African startups dropped by 44% in 2024. This hybrid initiative moves beyond simple cash injections by connecting developers with technical infrastructure, a network of 50+…
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,…
Fonbnk’s partnership with Avalanche lets users in select African markets convert prepaid airtime into USDC and other tokens via a simple, bankless on-ramp designed for cross-border payments and everyday DeFi access.
TL;DR, The cNGN stablecoin is Nigeria’s regulated, naira-backed digital currency that succeeded where the eNaira failed, surpassing 1 billion tokens in circulation by late 2025. Unlike the faltering eNaira CBDC, the privately-issued cNGN stablecoin focused on interoperability, fintech integration, and low-cost utility, driving rapid adoption across Nigeria. Backed by Nigeria’s National Blockchain Policy,…
TL;DR, The Nigeria crypto ban is officially lifted following a period where P2P inflows hit $59 billion, though new regulations strictly control how licensed firms interact with banks. Nigeria’s crypto rules have evolved from blanket banking exclusions to a dual‑regulator framework where CBN and SEC license VASPs, tax capital gains, and force naira‑only,…
The entire crypto market focused on a common enemy seeking justice, Sam Bankman-Fried, the man who almost collapsed the entire industry. As the list of allegations against him grew, federal prosecutors made an unexpected decision not to pursue a second trial. SBF dropped charges is an unexpected turn with 5 additional counts, “overlooked”. This included…
Jack Dorsey is betting that cross-border payments can be made cheaper and easier to integrate without recreating the “centrally” dominated crypto and fiat rails. On December 1, 2023, Block Inc.’s tbDEX protocol went live in Africa through Yellow Card as its first major Participating Financial Institution (PFI), and later with Chipper Cash joining the network. This is…
In November 2023, the Australian Tax Office (ATO) published updated web guidance that mainly echoed that they were in charge and not the industry. The Australian crypto tax guidance will treat DeFi actions (including “wrapping” and “unwrapping” tokens) as capital gains tax events. However, within weeks, responses to its efficiency were harsh. arrison Dell, director of crypto tax laws specialist…
TL:DR, Blockchain jobs are growing rapidly in Africa, offering remote opportunities for developers, writers, and community managers with specialized skills. There are job boards that focus on the crypto industry, for example, CryptoJobsList, Alliance, and Angelist. The demand for blockchain talent continues to grow globally, with Africa positioned to benefit from its large youth population and…
TL:DR, Essential cryptocurrency books to help investors understand blockchain technology and develop strategic investment approaches. These ten books provide a comprehensive and insightful exploration of this dynamic realm, from the origins of Bitcoin to the possibilities of decentralized finance and beyond. Comprehensive guide to building knowledge through authoritative books on digital finance. Cryptocurrencies have quickly…
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