Africa Crypto News: a judge in South Africa wants modern laws and cryptocurrency banks in Kenya ready for encryption while Tether invests in Shiga Digital.
A South African judge criticized the country’s financial regulators for having relying on the laws of the age of apartheid to regulate the cryptocurrency. In Kenya, a survey on the central bank reveals that an increasing number of banks is ready to support cryptocurrency payments. Meanwhile, Tether, the broadcaster of the famous USDT Stablecoin, has invested in the Panafrican Crypto and Fintech Shiga Digital platform. Tether wants to expand his presence on the continent.
We explore these cryptocurrency stories that dominated the titles in Africa this week:
Find out: 9+ Best High Risk and High Senza Cryptocurrencies to Buy in June 2025
South Africa Crypto News: the judge asks for modern laws
A judge of the high court in South Africa, Mandlenkosi Motha, has criticized The South African reserve bank for the use of the laws of the Abyid era to regulate cryptocurrency.
He observed that cryptos has existed for 15 years and there is no reason to continue using obsolete laws.
These comments were made in a sentence that involves the standard bank of the South African bank and James Ewing & Sons, who had transferred international cryptocurrency exchange funds.
Part of the discussion focused on the laws on the control of the South African gearbox.
Judge Motha agreed with sending made during the case relating to the inadequacy of the old laws for the regulation of crypts Next Cryptos to explode.
These comments highlight the need to modernize the exchange of exchange and the correlated legislation for Crypto. It comes above all when South Africa is becoming a cryptographic hub.
South Africa is silently becoming Switzerland of the African age c …
248 cryptocurrency licenses were approved by December 2024, 420 questions were received and only nine were rejected.
This is a 95%+ approval rate for companies that meet standards.
What is guiding this:
– Clear…
– Idris (@olanetsoft) June 3, 2025
Kenya Crypto News: banks ready to offer encryption services
According to an innovation of the Central Bank surveyAlmost a third of the Kenyan banks is ready to support cryptographic transactions.
Parliament is currently discussing legislation on virtual activity service providers and this observation indicates that the banking sector can support it.
The survey is informal but shows the opportunities that banks see in this sector.
The banks are heating 10 years after the Central Bank of Kenya has discouraged the banks to engage with Bitcoin and Cryptos in general.
(Source)
If the Vasp bill before Parliament is implemented, it could be a watershed moment for cryptocurrency, allowing companies to operate within a defined regulatory framework.
Millions of kenioti are already transactions in various crypts ICOS Best Meme Meme.
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Africa Crypto News: Tether invests in Shiga Digital, tries to expand
Tether, the USDT issuer, has expanded his presence in Africa from investment In Shiga Digital.
The Stablecoin broadcaster aims to improve the use of the USDT for cross -border African settlements. Above all, the wide reach and credibility of the USDT can provide precious liquidity for Shiga Digital.
Do you need a simple and simple way to receive GBP or Euro on your bank account from Stablecoin? Well, simply share your Shiga Stablecoin wallet and receive GBP or Euro in any of your GBP or EUR bank accounts.
After setting your accounts, simply send Stablecoin to your associate …
– Abbioshogbeni.eth (@shogz_snr) January 2, 2025
The USDT is a couple of crucial negotiations for thousands of cryptos and is a safe refuge for traders who try to mitigate volatility in their trade.
This partnership could be a victory, since Shiga Digital has created a suite of products and bench services for its users.
Shiga Digital specializes in Blockchain app for digital finance and cloud technology.
He has a Pana African focus, with the co-founder Abiola Shigbeni who brought information on the African market.
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Africa Crypto News: South Africa Modern Laws, Crypto of Kenya banks
- Read cryptocurrencies of South Africa: the judge wants to be promulgated by modern cryptographic laws
- News Crypto News: Central Bank Survey shows that banks are ready for cryptos
- Africa Crypto News: Tether invests in Shiga Digital while watching the regional expansion
2025
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