Web3 Africa | Blockchain, Crypto & Web3 News Across Africa

Why Absa Bank Chose Ripple to Secure Its Digital Future

KenMichaelsOctober 18, 2025October 20, 2025011 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,…

Raenest stablecoin accounts connect crypto rails to compliant fiat transfers

KenMichaelsOctober 17, 2025October 18, 2025011 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…

Binance and Zapper Just Changed the Game for Retail Payments

KenMichaelsOctober 17, 2025October 18, 2025012 mins

TL;DR, Binance Pay partnered with Zapper to enable QR code crypto payments at 31,000+ South African merchants, including KFC and Sasol, effectively doubling Binance’s global merchant network. The system is seamless and risk-free for merchants, who require no new hardware and receive instant settlement in local currency (ZAR), completely avoiding crypto’s price volatility. This partnership…

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

KenMichaelsOctober 15, 2025October 16, 2025012 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,…

Luno exchange wins 2025 Crypto Exchange of the Year award

KenMichaelsOctober 14, 2025October 16, 2025010 mins

TL;DR, A MyBroadband survey named Luno exchange the 2025 Crypto Exchange of the Year, with nearly 65% of South African traders choosing it for its reliability, security, and ease of use. Luno builds trust by being the first FSCA-licensed crypto provider in SA, securing 95% of assets in offline cold storage, and offering independently verified…

Inside Crypto’s Largest Liquidation Ever $19B Gone in Hours on Oct 2025

KenMichaelsOctober 13, 2025October 16, 2025014 mins

TL;DR A US-China trade war dispute triggered a record-breaking $19.33 billion crypto liquidation event, wiping out 1.6 million leveraged traders in a single day. The crash was amplified by a “liquidity vacuum” where market makers pulled orders, causing a cascade of forced selling and controversial auto-deleveraging by major exchanges. To prevent liquidation, traders must use…

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

KenMichaelsOctober 10, 2025November 19, 202504 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,…

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

KenMichaelsOctober 10, 2025November 19, 202505 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…

Inside the Paxful Shutdown: Misconduct, Compliance Costs, and Your Next Move

KenMichaelsOctober 9, 2025October 9, 2025011 mins

TL:DR, The Paxful shutdown affects 14 million users in 140+ countries; withdraw funds before November 1, 2025 to avoid losing access. Closure stems from historic misconduct by former executives plus mounting legal and compliance remediation costs that made operations unsustainable. The exchange’s collapse was caused by massive legal and compliance costs stemming from…

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

KenMichaelsOctober 9, 2025October 9, 2025012 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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Top Stories

Why Absa Bank Chose Ripple to Secure Its Digital Future

Raenest stablecoin accounts connect crypto rails to compliant fiat transfers

Binance and Zapper Just Changed the Game for Retail Payments

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

Luno exchange wins 2025 Crypto Exchange of the Year award

Inside Crypto’s Largest Liquidation Ever $19B Gone in Hours on Oct 2025

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

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

Inside the Paxful Shutdown: Misconduct, Compliance Costs, and Your Next Move

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

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