TL;DR, Stablecoin trading volumes in South Africa exploded from R4 billion in 2022 to nearly R80 billion by 2025, which SARB warns …
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#CryptoRegulation
TL;DR, Under the Kenya VASP Act, Kenya replaced the 3% Digital Asset Tax with a 10% excise on exchange fees; regulators also …
TL;DR, SEC Nigeria, partnering with CBN and EFCC, is freezing crypto wallets to combat Ponzi fraud, which has cost Nigerians over ₦174 …
- Crypto
FTX Withdraws Motion Blocking FTX Creditor Payouts in Zimbabwe, Nigeria, Egypt—and 47 Other Countries
TL;DR, The FTX Recovery Trust has withdrawn its plan to block nearly $800 million in FTX creditor payouts to 49 “restricted” nations after facing …
TL;DR, Nigeria, South Africa, Mozambique and Burkina Faso exit the FATF grey list. The countries achieved this by implementing major reforms, including …
TL;DR, As kenya crypto law nears enactment, Sub-Saharan crypto hit $205B (+52% YoY), underscoring urgency for licensing, taxation clarity, and consumer protection. …
TL:DR, The Paxful shutdown affects 14 million users in 140+ countries; withdraw funds before November 1, 2025 to avoid losing access. Closure …
TL:DR, Kenya VASP Bill clears third reading; existing providers get six months to apply, with VASP fines up to $154,000 and individuals …
In Brief EFCC crypto convictions mark a significant anti-fraud milestone, beginning with the sentencing of two Chinese nationals linked to a foreign crime syndicate. …
In Brief Nigeria’s fragmented crypto regulatory framework has drawn sharp criticism from the IMF, which warns of capital flight, FX instability, and increased security …
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