Happy Easter holidays. We hope you are getting some time to rest and recharge.
This week in Africa’s crypto and blockchain space showed a clear shift toward structure, compliance, and practical use.
Regulators in Nigeria and Kenya took important steps to define how crypto businesses should operate, while companies across the continent continued to expand and build around payments.
At the same time, conversations are moving away from speculation and toward everyday use cases like cross border transactions. Globally, new funding rounds such as OpenFX’s raise point to continued interest in payment infrastructure that connects traditional finance with blockchain systems.
In Nigeria, the central bank began a pilot to supervise crypto companies including cNGN, Flutterwave, Juicyway, KoinKoin, KuCoin, and Paystack under anti money laundering and counter financing rules. This introduces clearer compliance expectations and signals a move toward global standards. Read More
Flutterwave also made progress in Nigeria by securing a banking and microfinance license. This allows the company to hold funds directly and improve settlement processes, which may influence how payment and crypto services are offered Read More
Ghana’s central bank published guidance explaining that regulation does not mean endorsement of crypto. The message focused on consumer protection and clarified the roles of different regulators. Read more
Globally, OpenFX raised 94 million dollars to build payment infrastructure that connects traditional finance with blockchain systems. Read More
In Ghana, Blockchain.com expanded its services and introduced new tokenized assets. This increases access for users and adds competition among exchanges in the market. Read More
Hamilton Labs, a U.S.-based financial infrastructure provider, has raised an undisclosed investment from AXIAN Investment, the venture arm of pan-African conglomerate AXIAN Group, to scale its dollar stablecoin