TL;DR, CARF Framework forces South African crypto exchanges to report all transactions above R5,000 starting March 2026, ending crypto anonymity. SARS opens public consultation until October 2025 for new crypto reporting rules that will require exchanges, brokers, and wallet providers to verify user identities and report annual transactions to tax authorities. Focus shifts from anonymity…
TL;DR, African Bitcoin Corporation becomes Africa’s first publicly-listed firm to adopt bitcoin treasury strategy, purchasing 1.00464 BTC and raising R3.68 billion to expand holdings. Equity route gives pensions compliant BTC exposure; dual-engine model blends operating cash flows with appreciating reserves to grow BTC per share via NAV premiums. The company’s “accretive dilution” approach incrementally builds…
TL;DR, Nigeria’s new crypto tax laws under the NTAA define virtual assets, tax profits, staking, airdrops, services, and require VASPs to comply before 2026. The regulations clarify taxation points across trading, payments, and licensing, while introducing penalties, Howey Test rules, and updated compliance obligations. All VASPs must obtain proper licensing, implement KYC/AML systems, and maintain…
TL;DR, A deepfake crypto scam targeted Kenya’s Ex-Prime Minister Raila Odinga’s verified X account to promote a fake Kenya Token, attracting 1,620 Telegram members before being exposed as fraud. The sophisticated scam followed patterns seen in Tanzania where billionaire Mohammed Dewji’s account was similarly compromised, raising $1.48 million through deepfake. Kenya’s upcoming Virtual Asset Service…
TL;DR, Kredete secured $22M Series A funding to take its stablecoin credit card services to the next level, serving 700,000+ monthly users across 30+ African countries with $500M+ in cross-border remittances. AfricInvest, Partech, and Polymorphic Capital funded Kredete’s expansion plans, bringing total funding to $24.75M since 2023 as the platform becomes Africa’s largest payment aggregation…
Africa’s stablecoin adoption (43% crypto volume) outpaces Bitcoin (18.1%) as OTC trading delivers 106% annual growth and practical utility. Nigeria receives 40%+ Sub-Saharan stablecoin inflows; Ethiopia surges 180% YoY, Zambia tops 100%.
Quidax OTC desk cuts settlements from 5 days to under 1 hour with Nigeria SEC/Canada licenses while local stablecoins cNGN, cKES, ZARP facilitate cross-border payments. Buchi Okoro predicts “increased institutionalization” as regulatory frameworks mature across Kenya, Ghana, South Africa markets.
TL:DR, Worldcoin WLD officially launched after four years of development, combining biometric eye scan verification with cryptocurrency to create digital identity solutions for the AI era. Worldcoin introduces its Orb device for eye‑scan verification, merging digital identity and WLD cryptocurrency while expanding into 20 countries with rapid adoption. Worldcoin plans global expansion with 1,500 orbs…
Bitget PayeFi Unlocked report surveying 4,599 users confirms 35%+ leverage crypto for everyday transactions—groceries, subscriptions, travel. Gen Z (40% gaming, 35% social gifting), Millennials (36% travel, 35% digital goods), Gen X (40% travel, 36% utilities) drive adoption. Africa leads with 38% education payments, 1600% Bitget Wallet surge (2024). East Asia: 41% daily purchases. Middle East: 41% gaming, 31% luxury goods. MoneyBadger, ZeroCard provide QR payments settling in fiat. Bitget Card: zero-fee European Mastercard (150M+ merchants). Alvin Kan, COO: “Users already living on-chain.”
Bitcoin price surge reaches $122,000 all-time high (currently $116,984) as institutional adoption propels Bitcoin ETF performance toward $135K-$150K targets.
Katie Stockton (Fairlead): “Measured move projections” indicate $135K. Nic Puckrin (Coin Bureau): “Rally driven by institutional capital, retail buyers nowhere to be seen yet.”
Bernstein: “This cycle looks more structural—clear regulatory framework, government support, strong institutional adoption.” Africa ripples: 43% stablecoin volume, Kenya/Nigeria/Ghana collaborative blockchain adoption, Minister Kabogo’s tokenization advocacy.
In Brief The Kenya Digital Token ($KDT), endorsed by MICDE, uses Solana’s AI framework to onboard 55 million Kenyans into the digital economy. Public‑private collaboration ensures KDT balances innovation with robust oversight under Kenya’s evolving Virtual Asset Policy. KDT’s focus on AR education, pre‑installed wallets, and community incentives can transform financial inclusion in underserved regions. With…
