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Trump’s ‘America First’ Policies Threaten African Currencies
25.1.2025
The “America First” policies of the Trump administration could weaken currencies such as the Nigerian naira, leading to higher debt servicing costs. Trump Threat The “America First” policies of the Trump administration could lead to the weakening of currencies like...
African Regulators to Follow U.S. Lead on Crypto Regulations, Says Yellow Card CEO
24.1.2025
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely...
South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture
23.1.2025
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank...
BTC Donor Denied Bail: South African Law Enforcement Claims Incriminating Evidence, While Man Denies Accusations
15.1.2025
A South African law enforcement agency has opposed bail for Ziyadh Hoorzook, who is accused of donating bitcoin to an organization allegedly funding terrorism. Hawks Say They Uncovered Compelling Evidence A South African law enforcement agency recently argued against granting bail to a man accused...
South African Crypto Exchanges Push for Regulatory Change to Allow Pension Fund Investment
10.1.2025
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have...
South African Authorities Arrest Man Accused of Using Bitcoin to Fund Terrorist Activities
4.1.2025
A South African law enforcement agency recently apprehended a 35-year-old man suspected of using cryptocurrency to fund terrorist activities. Suspicous Transactions A South African law enforcement agency recently apprehended a 35-year-old man who is alleged to have used cryptocurrency to fund...
South African Regulator Grants 248 Crypto Licenses, Rejects 9 Applications
14.12.2024
The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP)...
Coinbase-Backed Yellow Card Seeks Nigerian License After South African Regulatory Win
6.12.2024
Yellow Card, an African stablecoin platform, is taking steps to secure a license from Nigeria’s Securities and Exchange Commission (SEC) after obtaining a Crypto Asset Service Provider (CASP) license in South Africa. The CASP license has enabled Yellow Card to operate within South...
The Campaign Against Avowed Reveals The Bigotry That Fuels The Anti-Woke
6.12.2024
In 2024, there has rarely been a game announced without a small but tiresomely vocal group of grifters attempting to whip up a controversy for their social media followers. No matter what the title, and no matter who the developer, every announcement is meticulously scrutinized for any faint sign...
Orange Partners With Openai and Meta to Develop AI Models for African Languages
29.11.2024
Orange announced a partnership with Openai and Meta to develop AI models that understand African languages. Mitigating the Growing Digital Divide Orange, the French telecoms giant, announced on Nov. 26 that it will partner with Openai and Meta to fine-tune artificial intelligence (AI) large...
Yellow Card’s African Push: Coinbase-Backed Platform Wins South African License
20.11.2024
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater...
Rise of the Machines: African Students Fear AI Will Steal Their Jobs
16.11.2024
African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced...
Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program
10.11.2024
The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program...
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
8.11.2024
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion in processing costs. Boosting Local Currencies Africa’s recently launched Pan-African Payments and Settlements System (PAPSS) could potentially bring $50 billion...
Linkedin Under Scrutiny for Potential South African Privacy Violations
23.10.2024
A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investigate. Linkedin has however defended its practices...
South African Bank Blocks Crypto Payments, Faces Industry Backlash
21.10.2024
South African bank Capitec has blocked electronic funds transfers and real-time payments to cryptocurrency exchanges as a security measure. While Capitec acknowledges growing interest in cryptocurrencies, the bank maintains that the measure is necessary to protect clients from fraud. Some industry...
Behind Alchemy Pay and Yellow Card’s Bold Plan for African Crypto Adoption
18.10.2024
Alchemy Pay and Yellow Card have teamed up to make cryptocurrency more accessible in Africa. Alchemy Pay’s on-ramp product will utilize Yellow Card’s payment infrastructure in 20 African countries, allowing users to purchase crypto with their local fiat currencies. This partnership aims...
Uganda’s Mitroplus Labs Unveils Afro, a Pan-African Meme Token
25.9.2024
Mitroplus Labs Africa, a Ugandan blockchain education institution, launches “Afro” meme token on Tron’s Sunpump network. Afro, represented by an African girl, is intended to promote African identity in blockchain education. Founder Ivaibi Festo says Afro’s success will...
African economies show high potential for digital asset adoption
22.9.2024
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR
Bitget Reports 1,600% Surge in African Users
20.9.2024
Bitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet has become a top-ranked app in Nigeria, surpassing...