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Cointelegraph
cointelegraph.com > news > remittances-more-important-than-aid-africa-stablecoins

Stablecoins Emerge as Financial Rails in Africa, Says Former UN Official

Stablecoins Emerge as Financial Rails in Africa, Says Former UN Official2+ hour, 32+ min ago   (468+ words) Speaking at the World Economic Forum in Davos, Switzerland, economist Vera Songwe pointed to remittances and inflation hedging as key drivers of stablecoin use across Africa. Stablecoins are increasingly being used across Africa as a cheaper and faster remittance option,…...

Cointelegraph
cointelegraph.com > news > south-africa-central-bank-no-strong-immediate-need-for-cbdc

South Africa’s central bank says no ‘strong immediate need’ for CBDC

1+ mon, 3+ week ago   (353+ words) The South African Reserve Bank found no short-term need for a retail CBDC, saying wholesale or cross-border uses should be explored instead. The South African Reserve Bank says it doesn't see a need for a central bank digital currency in…...

Cointelegraph
cointelegraph.com > news > south-africa-central-bank-crypto-stablecoins-financial-risk

South Africa’s central bank flags crypto, stablecoins as financial risk

1+ mon, 3+ week ago   (290+ words) The bank cited increasing trading volume and the number of users at large exchanges, as well as gaps in South Africa's regulatory framework on crypto. The South African Reserve Bank issued its second financial stability report for 2025, identifying digital assets…...

Cointelegraph
cointelegraph.com > news > countries-africa-approve-crypto-laws-adoption

Countries across Africa approve new crypto laws as adoption grows

2+ mon, 4+ week ago   (1053+ words) Crypto laws are popping up across Africa as countries race to offer favorable conditions to the crypto industry and balance consumer safety concerns. Yesterday, the governor of the Bank of Ghana, the country's central bank, said that crypto regulations will…...

Cointelegraph
cointelegraph.com > news > south-africa-crypto-payments-scan-to-pay-moneybadger

South Africans can now pay with crypto at 650K stores via Scan to Pay

3+ mon, 1+ week ago   (396+ words) A new integration allows South Africans to spend Bitcoin, stablecoins and other crypto directly at more than 650,000 merchants nationwide. South Africans can now pay with cryptocurrency at thousands of retail stores nationwide, following a new partnership between QR payments provider…...

Cointelegraph
cointelegraph.com > news > crypto-make-or-break-africa

Crypto’s meteoric rise could make or break Africa

3+ mon, 2+ week ago   (863+ words) Africa stands at a crossroads: harness cryptocurrency's $4-trillion potential for sovereignty and growth or risk financial instability and exclusion. With the value of digital currencies surging close to $4 trillion, the world is rushing to cash in. While Elon Musk's Dogecoin…...

Cointelegraph
cointelegraph.com > news > bitchat-downloads-madagascar-protests-surge

Bitchat searches, downloads spike in Madagascar amid protests

3+ mon, 3+ week ago   (618+ words) Protests erupted in Madagascar's capital, Antananarivo, last Thursday over ongoing water and power cuts, with demonstrations later spreading across the country. Block CEO Jack Dorsey's decentralized peer-to-peer messaging service Bitchat has seen a spike in downloads from the African island…...

Cointelegraph
cointelegraph.com > news > sygnia-warns-investors-against-going-heavy-bitcoin-etf

South African ETF issuer cautions investors over its own Bitcoin fund

4+ mon, 12+ hour ago   (437+ words) Sygnia CEO Magda Wierzycka says her firm calls investors if they allocate too much into their Life Bitcoin Plus ETF, which launched in June. A $20 billion South African asset manager has been warning their investors from investing too much in…...

Cointelegraph
cointelegraph.com > news > africa-bitcoin-treasury-company-unique-opportunity

Bitcoin is ‘made for us’: Africa’s first treasury company eyes unique opportunity

4+ mon, 1+ week ago   (695+ words) Africa has its first Bitcoin treasury company, but its utility goes far deeper than publicly-listed stocks tied to BTC holdings on a balance sheet. Bitcoin treasury companies are in vogue, and Africa has its first trading on the Johannesburg Stock…...

Cointelegraph
cointelegraph.com > news > sub-saharan-africa-third-fastest-growing-region-crypto-adoption-report

Sub-Saharan Africa third-fastest growing region for crypto adoption: Report

4+ mon, 1+ week ago   (477+ words) The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3. Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform…...