October 3, 2026
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Category: DeFi

digital-asset-custody

Why Absa Bank Chose Ripple to Secure Its Digital Future

KenMichaels011 mins

TL: DR,     With Nigeria alone processing over $660 million in blockchain transactions, the Ripple-Absa partnership introduces regulated digital asset custody to meet Africa’s surging institutional demand. Ripple’s enterprise custody stack brings FSCA-aligned, multi-signature, cold storage and audit controls, giving banks a compliant, lower-risk path into tokenization. Absa moves from pilots to production—powering treasuries, tokenized portfolios,…

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stablecoin-accounts-raenest

Raenest stablecoin accounts connect crypto rails to compliant fiat transfers

KenMichaels011 mins

TL;DR,     With 1M users and $2B processed, Raenest’s stablecoin accounts (USDC/USDT) deliver faster payouts and inflation‑resistant savings for African freelancers.  Raenest (formerly Geegpay) now lets African remote workers and creators receive crypto payments and instantly convert them to fiat currency, bridging the gap between the global crypto economy and everyday local spending. Nigeria…

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kenya-vasp-bill

Kenya’s 2025 Crypto Bill Officially Becomes Law: A Trader’s Guide to VASP Licensing and Compliance

KenMichaels012 mins

TL;DR,      Kenya’s VASP bill is now law—six‑month grace period for existing platforms, with penalties up to KES 10M ($77,400) or 10 years in prison. Twin‑pillar oversight by CBK and CMA; strict AML/CFT/CPF, cybersecurity controls, asset segregation, and seven‑year record‑keeping anchor day‑to‑day compliance. Licensing requires applications, fit‑and‑proper leaders, independent boards, annual renewals, audited financials,…

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global-ai-show-2025

PRESS RELEASE | VAP Group hosts the premier tech event: the Global AI Show.

KenMichaels04 mins

Following the resounding success of past two editions, VAP Group in association with and Times of AI  and supported by Abu Dhabi Convention & Exhibition Bureau  is set to host an exclusive event on 8-9th December, 2025 in Abu Dhabi( Global AI Show), that will bring together AI futurists across the globe with 5,000+ attendees,…

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Global-blockchain-show-2025

PRESS RELEASE | Block your dates for The Global Blockchain Show 2025 hosted by VAP Group in Abu Dhabi

KenMichaels05 mins

Following the resounding success of past two editions, VAP Group in association with  Times of Blockchain is set to host an exclusive event on 10-11th December, 2025 in Space42 Arena,Abu Dhabi, that will bring together 5,000+ attendees, 200+ global expert speakers, 300+ leading investors, and 150+ media representatives on one dynamic platform to shape the…

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uganda-cbdc

US‑based Global Settlement Network and Diacente’s blueprint for the billion-dollar Uganda CBDC.

KenMichaels012 mins

TL;DR,     A $5.5B uganda cbdc pilot targets 40M users, 1M jobs, and up to $10B in exports via a USSD-enabled digital shilling. Unlike struggling CBDCs like Nigeria’s eNaira, Uganda’s model is “production-first,” giving citizens and industries an immediate reason to use it by integrating it into supply chains and job creation from day…

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antugrow-agritech-startup

Antugrow Is Putting Farm Credit On-Chain, and 500 Global Accelerator Took Notice

KenMichaels010 mins

TL;DR,     Antugrow secured a spot in 500 Global’s accelerator, a major step to refine its strategy, attract investors, and expand its innovative agricultural finance model beyond East Africa. The company standardizes co-op records, issues anonymized NEAR-based IDs, and matches farmers to DeFi liquidity via Base and UTU—cutting risk, fees, and time-to-credit. With Base…

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blockchain-in-africa

Blockchain in Africa: A Shift in Monetary Systems Amid Established Constraints

KenMichaels016 mins

TL;DR, Africa hit $25B in on-chain transactions in March as blockchain in africa accelerates low-fee, transparent remittances and access despite infrastructure gaps.  Stablecoins like RLUSD, CBDCs such as eNaira, and a $15M Lisk fund are delivering faster settlements, inflation protection, and real inclusion across key markets. Regulators are adding licensing and taxes while AI tools…

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kenya-vasp-bill

Kenya VASP Bill 2025 Passes Third Reading: One Signature Away From Becoming Law

KenMichaels012 mins

TL:DR,      Kenya VASP Bill clears third reading; existing providers get six months to apply, with VASP fines up to $154,000 and individuals facing up to 10 years. The bill establishes a “twin-pillar” regulatory model, appointing the Central Bank of Kenya (CBK) and Capital Markets Authority (CMA) as joint regulators to oversee all crypto…

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