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Africa Crypto News Week in Review: Tether Crypto Education Reaches Zanzibar, NFT Platform Shutting Down in South Africa As Aptos And Yellow Card Partner

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Africa crypto news in review: MoMint is shutting down in South Africa as Tether expands crypto education to Zanzibar. Aptos and Yellow Card partner to push stablecoin adoption. Tether has expanded its blockchain initiative to Zanzibar after signing a memorandum of understanding with local authorities. In South Africa, NFT issuer MoMint is shutting down, signaling … Read more

Tether Eyes South America’s Surplus Power for Green Bitcoin Mining

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Tether is making moves again, and this time, it is to mine green Bitcoin. In a bold move, they have partnered with South  American agribusiness giant Adecoagro to create a BTC ▼-1.13% mining operation. But this time, the operation site will be powered solely on robust renewable energy in Brazil. The goal is to transform … Read more

South Korea Pauses CBDC Plans as Stablecoins Gain Ground

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Increased market penetration and adoption of stablecoins have put a damper on the South Korean CBDC plans. The country has applied brakes on its CBDC trial program that had been ongoing since April this year in the wake of stablecoin’s resurgence amidst political backing. The Bank of Korea (BoK) confirmed the current state of affairs … Read more

Africa Crypto News Week in Review: Visa Partners with Yellow Card, Empowa Expands, Crypto Reforms in South Africa

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In our latest Africa crypto news, Visa is partnering with Yellow Card as Empowa expands to Nigeria. Crypto players in South Africa are pushing for reforms to unlock tax revenue. Blockchain housing startup Empowa is expanding its presence in the Nigerian market after partnering with local players in the housing sector. Meanwhile, the international card … Read more

Africa Crypto News Week in Review: South Africa Calls for Modern Crypto Laws, Kenyan Banks Ready for Crypto as Tether Expands

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Africa crypto news: A judge in South Africa wants modern crypto laws and banks in Kenya ready for crypto as Tether invests in Shiga Digital

Africa crypto news: A judge in South Africa wants modern crypto laws and banks in Kenya ready for crypto as Tether invests in Shiga Digital. A South African judge has criticized the country’s financial regulators for relying on Apartheid-era laws to regulate crypto. In Kenya, a Central Bank survey reveals that an increasing number of … Read more

Africa Crypto News in Review: South Africa Court Backs Crypto, Kenya to Host Blockchain Conference, Blockchain.com In Nigeria

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Africa crypto news: Court in South Africa rules that crypto is free from exchange controls. Blockchain.com setting up office in Nigeria

Africa crypto news: A High Court in Gauteng, South Africa, rules that crypto is free from exchange controls. Kenya will host a crypto conference in June. Blockchain.com is setting up an office in Nigeria. South African crypto holders got a major reprieve after the High Court said tokens, including some of the best cryptos to … Read more

Africa Crypto Week In Review: Ghana to Regulate Crypto, Binance To Adopt Stricter Measures in South Africa, Nigeria Intensify Crackdowns

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In this week’s Africa crypto news, Ghana sets crypto regulations for 2025 as Binance tightens South Africa rules. Nigeria is also cracking down on unregulated firms. The African regulatory landscape continues to adapt to the reality of a permanent crypto sector. Ghana has plans to regulate crypto. Binance also plans to update its compliance requirements … Read more

Africa Crypto Week in Review: Nigeria Crypto Firms Raise $20 Million, CBEX Exits In Kenya and Nigeria, South Africa To Host Crypto Event

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In the latest Africa crypto news: Nigerian crypto firms secure $20M in 2024 as CBEX collapses leave victims in the Nigerian and Kenyan web3 space. It is estimated that victims lost over $800 million, with the most impact felt in Nigeria. Meanwhile, the Wiki Finance Expo is set for Johannesburg on August 16. Some top … Read more

Africa Crypto Week in Review: DePIN Summit Comes to Kenya, South Africa Tops in Merchant Crypto Payments, Nigeria Enacts New Securities Law

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Africa crypto news: Kenya crypto news was dominated by the DePIN Summit in July, as South Africa crypto news shows that the country leads merchant payments. In Nigeria, will this new crypto law spark growth? Unsurprisingly, South Africa is the most sophisticated crypto market on the continent, primarily due to its merchant crypto payment prowess. … Read more

Crypto Adoption Explodes in South Korea As Number of Investors Rises to 16,290,000: Report

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Crypto Adoption Explodes in South Korea As Number of Investors Rises to 16,290,000: Report

Nearly one-third of the South Korean population has reportedly invested in Bitcoin (BTC) and other digital assets. The Seoul-based news agency Yonhap, citing data released by the South Korean government, reports that as of late February of this year, 16.29 million people have opened accounts on Upbit, Bithumb, Coinone, Korbit and Gopax, the country’s top … Read more