TL;DR, Out of 355 total applicants, only 59 companies have successfully met the requirements to secure FSCA crypto licenses in South Africa’s first regulatory wave. The South African regulatory journey, starting in 2018, has evolved into a comprehensive framework that legitimizes crypto assets to protect consumers and prevent financial crimes. This regulatory move covers a…
TL;DR, EMURGO Labs offers full‑stack venture development for Cardano in Africa and MENA, collaborating with the UNDP SDG Accelerator that supports 40 solutions annually across two four‑month cohorts. The lab blends incubation, a technical studio, advisory, custom builds, and selective funding to help Web2 firms, Web3 teams, and governments adopt or scale on…
TL;DR, South Africa’s Financial Sector Conduct Authority (FSCA) has approved 248 Crypto Asset Service Provider (CASP) licenses as of December 2024, up from just 59 in March 2024. This has turned South Africa into one of the continent’s most tightly regulated crypto markets, with the South African crypto license now a key gatekeeper…
TL;DR, The BRICS payment system uses blockchain and CBDCs for local-currency settlements, but July 2025 talks confirmed no unified currency—raising questions about Africa’s sovereignty versus dependency trade-offs. While Nigeria’s eNaira struggles with adoption and stablecoin use explodes, African nations face a choice: integrate PAPSS, BRICS rails, and Western systems, or risk new digital…
TL;DR Strike Africa launched in 7 countries using Bitcoin Lightning Network for instant remittances, targeting Nigeria’s 26 million crypto users amid the naira’s 50% February 2024 crash. The platform promises “zero-fee” transfers but applies variable FX spreads and faces serious regulatory risks after Nigeria blocked major crypto exchanges just weeks before launch. Users…
TL;DR, Citibank’s private fund tokenization POC on Avalanche Spruce simulates the full lifecycle of a private equity fund in the $10T private assets market, testing issuance, secondary trading, and collateralized lending with automated, on‑chain compliance. Citi, Wellington, WisdomTree, ABN AMRO, and DTCC Digital Assets used Avalanche’s permissioned Spruce subnet to show how tokenized…
TL;DR, The newly enacted Kenya digital asset regulation legalizes the industry, replacing a banking ban with clear rules that are projected to create 25,000 jobs and attract $1 billion in foreign investment by 2027. The Act introduces a dual‑regulator model, splitting oversight between the Central Bank of Kenya and the Capital Markets Authority, and sets…
TL;DR, Zone fintech, a regulated blockchain payments company, has processed over $689M across Nigeria. Its 2025 pilot aims to leverage this infrastructure to make cross-border remittances faster and cheaper for Africa. Instead of offering digital assets directly, Zone builds regulated blockchain rails for banks. Its focus on compliance and partnerships provides a template…
TL;DR, PeckShield reveals 2023 crypto hacks totaled $2.61 billion in losses, but uniquely, victims successfully recovered $674.9 million—a 25% recovery rate achieved through active negotiations and bug bounties. While overall incidents declined, DeFi protocols remained the primary target, accounting for two-thirds of losses. Flash loan attacks and compromised private keys were the dominant methods used…
TL;DR, The new Paycorp partnership enables crypto ATM withdrawal capabilities at over 3,000 Cash Express machines across South Africa, allowing users to cash out up to R5,000 ($293) per transaction without a bank card. Using the CryptoExpress app, South Africans can complete light KYC, send crypto on-chain, receive a voucher PIN and withdraw rand from…
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