Africa News
Latest Africa News
Nadeem Anjarwalla, a detained Binance executive in Nigeria, reportedly escaped custody after being taken for prayer. On Mar. 22, Nadeem Anjarwalla, a British-Kenyan who is Binance‘s regional manager for Africa, reportedly fled Nigeria after being detained upon arrival in the…
As the halving approaches, Bitcoin mining firms are strategically relocating their operations to regions with lower electricity costs (i.e., Ethiopia, Nigeria).
Researchers at CoinGecko say 42% of loans from private credit protocols focus on emerging markets, particularly in the automotive sector. Private credit protocols — like Centrifuge and Goldfinch — allocate over 42% of their outstanding loans to a car financing,…
Nigeria’s Securities and Exchange Commission (SEC) is proposing a significant hike in registration fees for cryptocurrency exchanges operating within the nation. The suggested amendment would raise the fee from the current 30 million naira (approximately $18,620) to 150 million naira…
Nigerian authorities have reportedly detained two senior executives at Binance in a bid to clamp down on naira speculation. As reported by the Financial Times (FT), Binance’s two senior executives have been arrested upon arrival to Nigeria by the Office…
The Nigerian government is said to be considering blocking Binance and other crypto firms to prevent forex market manipulation and illicit fund movement. Crypto exchange Binance and other digital asset trading platforms are risking being banned in Nigeria, as the…
Coinbase has announced the expansion of its services to emerging economies, with an initial focus on 20 countries in Africa. The crypto exchange revealed in a blog post on Jan. 11 that it is now focusing on African markets through…
The Worldcoin project, co-founded by OpenAI's Sam Altman, will offer WLD tokens at a suggested price of $1, according to BitKe. This presents a significant markdown from the current price
The Financial Sector Conduct Authority (FSCA) argues that oversight became “insufficient” after cryptocurrencies were declared financial products.
VALR, Africa's leading crypto exchange by trade volume, has named Ben Caselin as its chief marketing officer (CMO)
XRP Healthcare, a pioneering Web3 Healthcare company, announces its expansion in Africa over Coinstore listing.
Sub-Saharan Africa is undergoing a noteworthy surge in crypto activity, having amassed $117.1 billion in transactions between July 2022 and June 2023. According to a Chainalysis report shared with crypto.news, this region contributed 2.3% of the global cryptocurrency transactions, marking…
Built into Opera Mini, the MiniPay self-custodial stablecoin wallet sends and receives transactions in less than 5 seconds, Celo claims. Opera has developed a new dollar stablecoin wallet on the Celo network for its Android browser Opera Mini to bring…
The Bitcoin non-profit, Btrust, co-founded by rapper Jay-Z and Block CEO Jack Dorsey, has acquired the Bitcoin talent company, Qala
According to a recent survey by the blockchain software company Consensys, people in Asia and Africa are more likely to invest in cryptocurrencies over the next year. Per the blockchain company, the survey was taken among 15,158 respondents aged 18…
World Mobile, a decentralized wireless network operator, has obtained up to 20MHz spectrum in California, New Mexico, Nevada, and Utah