Africa Crypto News

ZARP, the only bank-approved stablecoin in South Africa, is enlisting Old Mutual's help to enhance its project's trust and attest to its token's credibility.

Over 270,000 users actively used the Nigeria's eNaira CBDC since its launch and have completed transactions worth $10 million.

The United Nations Conference on Trade and Development (UNCTD) presented policy issues and recommendations to check the fast pace of crypto adoption in developing countries.

Crypto winter has left Nuri insolvent, while CoinFlex is looking to restructure to deal with its unpaid debt.

The fundraising boom being witnessed by Africa's crypto sector is showing no signs of slowing down anytime soon

Nigeria's dual exchange rate system becomes triple with the emergence of the crypto exchange rate of Naira, as Nigerians turn to crypto due to low confidence in Naira.

Sango Coin recorded an inflow of $1.09 million within 24 hours of its initial offering, as the project criticism and declining market conditions continue.

Nigeria's low-cost digital currency e-Naira is having gaining traction as banks are reluctant to promote it due to concerns that it will impact their revenue.

The Commodity Futures Trading Commission filed fraud charges against Mirror Trading International for allegedly defrauding users of $1.7 billion worth of Bitcoin.

When launched, the crypto hub is expected to drive tokenization of the Central African Republic mineral resources and pave way for economic growth.

The president of Central African Republic hints at his continued support for bitcoin in a tweet despite the negative state of the crypto market.

The president has directed the parliament to prepare a strategy that will create investment opportunities in the country.

Several companies have approached KenGen, asking to set up their mining farms in its main geothermal power station in Olkaria, Naivasha.

Critics say Bitcoin as legal tender in the Central African Republic will only benefit the elite, but President Faustin-Archange Touadéra explains why it's the only option left for his impoverished nation.

This funding deal is under Algorand’s impact category, which picked out FlexID as a catalyst for global financial inclusion.

The project seeks to enable the international commercialization of all IP forms created and registered within Nigeria.

President Faustin-Archange Touadera has said that the traditional formal economy does give his country a chance to be competitive.

Most venture capital funding in the region has gone to fintech companies and crypto exchanges.