African Crypto News under review: ROQQU expands to Kenya as South Africa cracks down on fraud. Ghana will clarify its VASP registration.

Nigerian exchange Roquu has acquired a Kenyan startup with an eye on the East African market. Meanwhile, South African regulators are stepping up efforts to combat fraud in the online crypto sector.

In Ghana, central banks are ultimately set up to issue directives regarding the registration of virtual asset service providers (VASPs). Clarity allows users to gain exposure, just encourage more businesses to set up their shop Next 1000X Cryptos.

Let’s take a quick look at these continent headings below.

Kenya Crypto News: Nigerian Exchange acquires Kenyan startup

Nigerian Crypto Exchange Roqqu has I’ve got it Kenyan startup Flitaa sees growth in the East African market.

Flitaa was launched in 2019 and is open in Kenya, Tanzania, Uganda and Ghana. ROQQU has acquired a startup and become a true Pan Africa platform, increasing the number of people investing in some The best cipher to buy.

https://www.youtube.com/watch?v=-_itcg5msee

The East African market is a fertile ground for Nigerian organizations. Kenya and Uganda are also British countries, supporting regulatory frameworks for outside investors.

Kenya’s move to enact a bill for virtual asset providers will clarify the market for external investors looking to enter.

Roquu has put his early bet on this growth, hoping to become a prominent player in these markets.

Discover: 20+ Next Cryptocurrency to Explode in 2025

South African Crypto News: Regulators crack down on online fraud

South Africa’s financial market regulator, Financial Sector Action Authority (FSCA) announcement Spending R200 million over the next 18 months to combat online scams.

This movement occurs in the general calculations of South Africa and requires modernization of financial sector regulations.

Unfortunately, Crypto is a component of the scam blueprint. South Africa has had several infamous cases, including the disappearance of about 70,000 BTC from a platform called Africapt in 2021.

Warnings for Financial Influencers

The South African Financial Sector Action Authority (FSCA) is facing the rise of unregulated financial influencers, or “Finfluencers,” providing advice on popular social media platforms.

As of April 2025, FSCA is currently under investigation… pic.twitter.com/npcjfqiywu

– Business Axplainer (@buzinessx) April 7, 2025

Investing in online fraud crackdowns can be a positive for the crypto sector, which is suffering from a surge in such entities.

Ghana Crypto News: Central Bank Issues Directive on Registration

A few months after suggesting new regulations, the Central Bank of Ghana has issued An order that all virtual asset service providers will register by August 15th.

Central banks are issuing directives to comply with international trends regarding disclosure and regulation of crypto exchanges.

https://www.youtube.com/watch?v=Br50EOC6O-C

For years, Ghana had little regulation in the crypto sector. However, increased use in local markets and pressure from international entities has led to this update.

Crypto stakeholders aim to follow this deadline to continue operating in this market.

Discover: 16 Next Cryptocurrency Explosions in 2025: Experts’ Cryptocurrency Prediction and Analysis

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

Latest African Crypto News: South African Crypto Payments reached 2m Rand per month as Kenya eliminates a 3% crypto tax. Yellow cards are about to expand their use of Stablecoin.

South Africa remains a pioneer of the continent, with Luno paying an average of R2 million crypto retail payments each month. In Kenya, the Congress has abolished a 3% tax on total crypto revenues. Meanwhile, the Yellow Card aims to intensify ridiculous use across French-speaking Africa.

Explore the headlines for these continents below.

Explore: Best New Cryptocurrencies to Invest in 2025

South Africa’s Crypto News: Payments exceed R2 million per month

South Africa continues to demonstrate a strong embrace of cryptocurrency.

Research with Luno Crypto Exchange show Its retail payment tool has earned Rand averaged 2 million times more encryption than its past six months. This figure is impressive considering that there is only one retail payment service operated in the country.

https://www.youtube.com/watch?v=en41anurroy

South Africa has shown a growing desire for crypto payments beyond standard speculative holdings, including several. Top Solanamime Coin.

In a statement, Luno’s country manager Crhristo de Wit said crypto payments are becoming more common in everyday purchases.

“The desire for digital currency trading in everyday commerce is increasing. The broad trading spectrum shows that cryptocurrency payments are becoming more common with everyday purchases and large expenses. Our data shows that many customers regularly purchase Luno and pay for the service regularly.”

Cryptocurrency had little impact on the share of global payments through Fiat currency.

Still, this report highlights the possibility of several transactions. The best cipher to buy In the growing African market.

Explore: 15 new and upcoming Coinbase lists to watch in 2025

Kenya Crypto News: Legislators Remove 3% Digital Property Tax

After successful lobbying by stakeholders, Congress has It has been eliminated 3% digital asset tax on crypto and digital assets.

Taxes fell after lobbying led by Pricewaterhousecoopers (PWC).

Finance Committee Chairman Kimani Kuria noted that industry advocates will persuade legislators to abolish taxes. The measure awaits the President’s consent before it is officially enacted.

https://www.youtube.com/watch? v = quvieojfwvo

The victory highlights the importance of working with regulators, ensuring sensible regulations and avoiding punitive taxes that curtail the crypto industry.

African Crypto News: Yellow Cards Increase Stable Usage in French-speaking Africa

After the successful year of expansion, Fintech and crypto service provider yellow cards aim to expand their footprint across the French-speaking countries.

Deputy Regional Director Rowe Sall It’s attracting attention This effort addresses the ridiculous low adoption rates in the area.

According to Sall, Stablecoins have less than 20% adoption rates for crypto payments in West and Central African countries, compared to about 50% in other parts of Africa.

https://www.youtube.com/watch?v=1ea3wfly1ww

Most French-speaking countries still rely on CFA francs for commercial transactions, offering the opportunity for stubcoins to serve as an alternative to crypto transactions.

Backed by heavy investments from Blockchain Capital, Yellow Cards have the resources to expand the scope of crypto payments across the region.

Discover: Best New Cryptocurrencies to Invest in 2025 – Top New Cryptocoins

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

In the latest news from Africa Crypto News, Visa is partnering with Yellow Card as Empowa expands to Nigeria. South African crypto players are calling for reforms to unlock tax revenue.

Blockchain housing startup Enkova has expanded its presence in the Nigerian market after partnering with local players in the housing sector.

Meanwhile, international credit card company Visa is partnering with Yellow Cards to expand its reach in Africa and other continents.

In South Africa, crypto stakeholders have reinforced the demand for reforms in the classification of crypto assets.

Explore the headlines for these continents below.

Kenya Crypto News: Empova expands to Nigeria

Blockchain housing finance platform Enkowa enter Nigerian market. This expansion was made possible through partnerships with Nigerian housing finance platform Propay and other cooperative companies across the country.

https://www.youtube.com/watch?v=qgjh5uejbqu

Empova initially relied on a model that was launched in Mozambique and was tokenized to sell the home. The platform is currently moving to partnering with institutional investors and banks to fund housing initiatives.

Instead of holding cash in the bank, investors can purchase EMP tokens and maintain full access to their balances.

EMP token holders have an on-chain profile that can be used by banks and other players in the housing market for a variety of funding options.

This model connects real estate investors with potential institutional funders in ways traditional banks cannot.

Explore: 9+ Best High Risk, High Reward Crypto Buy in June 2025

African Crypto News: Visa is holding hands with yellow cards

Visa, a global card payments company, is expanding its Stablecoin business in Africa, Europe and the Middle East.

To expand their reach in Africa, they got the popular payment platform Yellow Card.

Just in case you miss it! Announced a partnership with @visa in #VPFCEMEA2025!

We team up to explore Stablecoin use cases with a focus on streamlining our financial processes and enhancing liquidity management.

Read more: https://t.co/dkofha4qbl pic.twitter.com/nhnv04pxfy

– Yellow Card (@yellowcard_app) June 19, 2025

This partnership allows Visa to participate in a new international payment paradigm of borderless payments.

Stablecoins are the fundamental elements of Crypto Trading, and coins like USDC can allow traders to manage volatility when dealing with some The best cipher to buy.

Visa leverages a robust global infrastructure and aims to benefit from an increase in crypto activity across the continent.

24 hours7d30D1Yeverytime

Explore: Best New Cryptocurrencies to Invest in 2025

South Africa’s Crypto News: Reforms to Unlock More Crypto Tax Revenues

South African crypto stakeholders have Enhancement A demand for regulatory reforms to classify crypto as a land assets.

Africa’s general manager, Marius Leitz, claims that regulatory uncertainty has caused the country to lose more than R500 million in crypto revenue.

Similarly, Frank Leodette, founder of Crypto Exchange Afridax, noted that a clear classification of Crypto assets would allow the release of products such as Exchange-Traded Funds (ETFS) into the South African market.

https://www.youtube.com/watch?v=iebj6pg7zqk

This refinement allows institutional investors to fully participate in the sector. This then increases the reliability of the crypto, resulting in several capital flows. Best Meme Coin ICO.

These are not the first requests for regulators to modernize the country’s cryptographic laws. A high court judge recently pointed out that South Africa still relies on apartheid-era laws to regulate modern industry. This coordinated effort should lead lawmakers to action to ensure regulatory clarity in this market.

Discover: Best New Cryptocurrencies to Invest in 2025 – Top New Cryptocoins

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

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.

Explore: 10 Best AI Crypto Coins to Invest in 2025

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.

Explore: 10 coins with high returns: Crypto Forecast 2025

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.

Discover: 17 Next Cryptocurrency Explosions in 2025: Experts’ Cryptocurrency Prediction and Analysis

Post Africa Crypto Week of Review: Zimbabwe Blockchain Carbon Registry, Zap Africa Reconstruction Trust in Nigeria, first appeared in 99 Bitcoin.