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Africa

Nigerian stablecoin payments startup Lazerpay shuts down
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19 April, 2023

Nigerian stablecoin payments startup Lazerpay shuts down

Lazerpay’s funding attempts failed, with one of its investors’ funds held up in the FTX collapse, and despite November layoffs,...
Zambia’s digital asset regulation tests to end in June
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16 April, 2023

Zambia’s digital asset regulation tests to end in June

ICT Minister Felix Mutati says the country is concluding tests that stimulate real-world digital asset use as a first step...
Kenya views digital currencies as securities under incoming legislation
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14 April, 2023

Kenya views digital currencies as securities under incoming legislation

Under the new bill, digital currencies can only be introduced to the Kenyan market if the assets underwent product development...
Central African Republic postpones exchange listing for Sango Coin
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4 April, 2023

Central African Republic postpones exchange listing for Sango Coin

Launched in July 2022, Sango Coin received underwhelming reception from investors, while the country’s Constitutional Court threw out the promise...
Egypt arrests 29 allegedly involved in $620K HoggPool digital asset scam
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8 March, 2023

Egypt arrests 29 allegedly involved in $620K HoggPool digital asset scam

While digital assets are illegal in Egypt, HoggPool managed to lure investors since its launch in August before the founders...
Central African Republic’s Sango Coin hit with deposit issues
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3 March, 2023

Central African Republic’s Sango Coin hit with deposit issues

Sango Coin’s tech team announced that it’s working to restore deposits even as the Central African Republic’s digital currency venture...
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