Africa Crypto Week in Review: DePIN Summit Comes to Kenya, South Africa Tops in Merchant Crypto Payments, Nigeria Enacts New Securities Law

Africa Crypto News: Kenya Crypto News was dominated by the Venice of Depin in July, since the news on the cryptocurrency of South Africa shows that the country guides merchant payments. In Nigeria, does this new cryptographic law scroll growth?

It is not surprising that South Africa is the most sophisticated cryptocurrency market in the continent, mainly due to its ability to pay merchant cryptocurrencies. In the meantime, Kenya will host the next edition of the Annual Crypto event of Depin Network. On the western side of the continent, Nigeria has finally implemented a legal framework that hosts crypto as part of its panel of titles.

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Let’s explore these stories in detail:

Kenya Crypto News: Depin Event for Mombasa and Zanzibar

The organization Global Crypto decentralized in the physical infrastructure networks (depin) has announced that he will hold his annual event in Africa in Mombasa, Kenya. The event focuses on decentralized infrastructures, blockchain solutions and sustainability.

Depin will hold his event from 2 to 5 July, with the first day in Mombasa, Kenya, followed by the island of Zanzibar, off the coast of Tanzania. The summit intends to collect the sector leaders, innovators and politicians to transform the development of the blockchain into the continent. In turn, this could help to channel capital into some of the best crypto -Cryptos to be purchased in 2025.

Organizations such as EV3, sharing and triple are crucial in the organization of the summit. The event will present several important speakers of these organizations and beyond, everyone will contribute to its general success.

News Africa Crypto News: Leader in Merchant Crypto Adoption

South Africa is one of the best cryptographic markets in the world.

A survey confirmed that it is the high -level African market for the payments of merchant cryptocurrencies. This metric is vital because it shows the relative maturity of the South African market, with many institutional level actors adopting cryptocurrencies as a payment system.

Notes from Apex, Cape Town

– Incredible Market for * Local * Stallecoin and Team Focked on payment

– Bcoz similar to India the Region has capital controls and lack of regulatory clarity (for now)

– Early and talented Solana community in the region (Eco Project Employes, … pic.twitter.com/szp0ne7a5a

– Aditya Shetty (@adityashetts) March 30, 2025

The country has about 584 commercial places that accept cryptographic payments, putting it each other and behind any other continent market. In particular, South Africa is in the sixth place at a global level, dragging only the United States, Brazil, the Czech Republic, El Salvador and Italy.

Countries such as Kenya and Nigeria are largely based on the use of peer-to-peer cryptocurrencies and its citizens actively participate in some of the most popular presales. However, South Africa shows a fair level of integration between cryptocurrency and commercial sector.

If the cryptocurrency must truly challenge Fiat and replace it as a means of exchange, this widespread commercial acceptance is necessary for growth.

Nigeria Crypto News: New Securities Law – What should you know

Last week, the Nigerian president Bola Tinubu signed the Investment and Securities Act, which recognizes virtual activities and investment contracts as qualifications in the country. This development helps to alleviate some of the uncertainty that surrounds the crypt in Nigeria after a tumultuous year of repressions.

This legislation is remarkable for a country whose central bank has directed the financial institutions in 2021 to stop facilitating crypto transactions. This year Nigeria also hit the titles with the arrest of a Binance manager as part of a repression of the exchange, which eventually caused the temporarily exit Binance.

The law tries to create a more certain environment for investors while improving transparency and compliance with global standards for broadcasters. Cryptography stakeholders are looking at development with caution, hoping that this can finally be a turning point for the country’s cryptocurrency industry, which has had a love relationship with the Nigerian government.

DISCOVER: Africa Crypto Week in Review: Quidax and Tether Unite to Crypto Education in Africa, Zambia Bitcoin Mining Powers Homes, Nigeria Reignites Feud with binance

The week of post -Africa encryption week in revision: DEIN SUMMIT arrives in Kenya, South Africa, on top of the payments of the merchant cryptocurrencies, Nigeria issues the new law on the titles appeared for the first time on 99 bitcoins.