#Quidax - Web3Africa

Quidax Report: How OTC and Stablecoins Are Changing African Payments

KenMichaelsAugust 12, 2025July 30, 202609 mins

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.

Nigeria’s SEC and Quidax Host Powerful Blockchain Training Series

KenMichaelsJuly 9, 2025July 29, 2026010 mins

Renowned asset exchange Quidax recently collaborated with Nigeria’s Securities and Exchange Commission to host a blockchain training series at Lagos’s prestigious Capital Club. The two-day event brought together key players within commercial banks, asset management firms and other financial sectors, underscoring how vital digital assets are, now more than ever. In Brief The blockchain training…

Nigeria’s SEC Crypto Regulations Overhaul: New AML Rules and the Roadmap for VASPs

KenMichaelsMarch 25, 2024January 21, 2026015 mins

Nigeria’s Securities and Exchange Commission has transformed crypto oversight from ad-hoc bans to a structured regime. New SEC crypto regulations require ₦500M capital, monthly tax reporting to FIRS, and licensing through the ARIP program.