Absa has partnered with digital asset infrastructure provider Ripple to offer digital asset custody services to corporate and investment banking clients in South Africa. According to Absa, the service will make it the first bank in Africa to bring digital…
Kredete has secured both Virtual Asset Service Provider (VASP) and Payment Service Provider (PSP) licenses in Argentina, marking a significant regulatory milestone for the company. The development expands Kredete’s ability to operate within a regulated framework while offering crypto-related and…
Supercoin is developing a family of stablecoins focused on Africa, beginning with ZARsc, a South African Rand-pegged stablecoin built on the Solana blockchain. The company positions ZARsc as a digital representation of the Rand that settles in seconds, operates continuously,…
Luno acquires GTXN in a move aimed at expanding its cross-border payments capabilities across its core markets. The acquisition brings GTXN’s licensed collection and payout infrastructure into Luno’s existing regulatory and liquidity footprint, creating a more integrated route for businesses…
Yellow Card has expanded its operations into Canada, extending its footprint into North America through the launch of Alkepay Inc., a wholly owned subsidiary. The Yellow Card Canada expansion adds foreign exchange dealing and cross-border funds transfer services to the…
A recent Legal Alert – Kenya enacts Virtual Assets Service Providers (“VASP”) Regulations 2026 from PwC Kenya examines the implications of Kenya’s new framework for regulating digital asset activities. Published on 22 July 2026 under the Virtual Asset Service Providers…
Third-party risk has emerged as one of the most significant security challenges facing the cryptocurrency industry. While crypto firms have traditionally focused on protecting private keys, securing exchanges, and strengthening blockchain infrastructure, recent incidents suggest that the greatest vulnerabilities may…
The fuel payments sector continues to face challenges related to settlement delays, reconciliation processes, transaction costs, and fraud prevention. In South Africa, PumpPay is addressing these issues through the use of ZARP, a South African rand-backed stablecoin, to support real-time…
Tether and Fasanara Capital have launched StableFund, a jointly sponsored private credit vehicle designed to expand stablecoin-enabled private credit lending to businesses through fintech channels. The evergreen fund is backed by $400 million in co-investment from the two sponsors and…
Mastercard and Busha have launched Mastercard Crypto Credential for eligible Busha users in Nigeria, marking a significant step in simplifying digital asset transfers across Africa. The partnership enables eligible users on Busha, a pan-African digital asset exchange, to send and…
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