Africa Crypto Week Review: Zimbabwe Blockchain Carbon Registry, Reconstruction of Zap Africa’s Nigerian Trust

African Crypto News: Zimbabwe launches blockchain carbon credit registry to increase transparency, while ZAP Africa rebuilds trust in Nigeria’s crypto market after the collapse of Nigeria’s crypto market. Will the proposed 5% US remittance tax promote crypto adoption in Africa?

The Zimbabwean government is trying to use blockchain to reestablish the reliability of the carbon credit market. Transparency concerns have made international investors wary of investing in this market. Meanwhile, Zap Africa is trying to cancel some of the damage caused by FTX and CBEX in the Crypto Exchange landscape. At the international level, proposed taxes on remittances from US immigrants can create opportunities for crypto platforms.

Explore these stories that make up the week’s headlines on the continent.

Zimbabwe Crypto News: Release of Blockchain Carbon Trading Registry

Zimbabwe Carbon Market Authority owns Release Blockchain carbon credit registry to increase transparency in the carbon credit sector. This move comes as governments try to increase the reliability of the carbon market following years of unpredictable policy decisions.

The implementation of blockchain-based systems is directed at restoring investors’ trust in this sector.

The international carbon credit market is growing, with Gulf countries, Western countries and businesses looking to offset some of their carbon emissions with credits from developing countries.

The Zimbabwean government expects the move to be important in enhancing the country’s profile on the international stage.

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Nigeria Crypto News: ZAP Africa Reconstruction

Cryptocurrency exchange Zap Africa is I’m watching Reconstructing the reliability of Nigeria’s crypto exchanges.

Co-founder Tobi-Asu Johnson argues that their efforts are driven by damage to the reputation of international exchanges such as FTX and Celsius.

Locally, the collapse of the CBEX exchange left thousands of Nigerians in Limbo, adding more eggs to the face of the industry.

ZAP promotes crypto swaps and exchange services from banks to crypto and crypto, indirectly allowing African investors to be exposed to some 1000x cryptography opportunities. Furthermore, their focus on lower custody is one way to reduce the points of failure in exchange.

Exchange your ciphers with Fiat faster, easier, and at the best speed.

Tell your friends to tell your friends pic.twitter.com/vg4xkued8t

– Zap Africa (@getzapnow) May 14, 2025

Given the bad press created by the collapse of CBEX, this effort must be collaborative and consistent.

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African Crypto News: 5% Remittance Proposal

The Trump administration is considering it Impressive 5% tax on remittances by non-citizens in the US as part of a broader shift in immigration policy.

Migrant remittances from Africa, Latin America and South Asian countries are major contributors to their respective economies and families.

The proposal could quickly affect countries like Nigeria, where families in their hometown receive billions of dollars in immigrant remittances. Most of these remittances are through digital service providers like PayPal, and could enforce US-directed taxes. This tax could force some immigrants to consider alternatives, boosting some adoption The best code for purchasing including Bitcoin.

(btcusdt)

The code is borderless. As a result, it is difficult for authorities to implement taxes on such transfers. At first glance, this proposal will help to promote the adoption of crypto. This is because more migrants prefer crypto rails than traditional remittance solutions.

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