Africa Crypto Week in Review: Nigeria Plans New Blockchain Policy, Crypto Entrepreneur Abducted In Uganda

Africa Crypto News: Nigeria plans to introduce a new blockchain policy as an entrepreneur of cryptocurrencies is adopted in Uganda. Meanwhile, Bitget Wallet is finding multiple users in Africa.

The regulatory panorama of African cryptocurrencies is evolving rapidly. Following recent legislation on titles, Nigeria is developing a new National Blockchain policy to increase the adoption of cryptocurrency.

In a development concerning, cryptographic entrepreneurs are invited to improve security measures after a cryptocurrency manager has been kidnapped in Uganda.

In the meantime, the bitget portfolio is rapidly growing in Africa, as global users increase by 300%.

We immerse ourselves in the stories that shape the titles of this week throughout the continent:

Nigeria Crypto News: Government to create a new blockchain policy

Following the recent legislation that regulates the titles and digital activities, the Nigerian government plans To introduce a new blockchain policy.

Bosun Tijani, minister for communications and digital economy, confirmed that these plans are underway.

Tijani believes that politics will accelerate blockchain adoption in the country, also channeling the capital in some of the ICOS Best Meme Meme.

THE @Fmcidenigeria He has released a White Paper that deals with our efforts to develop a holistic policy of the national blockchain. This policy aims to provide a structured, inclusive and far -sighted picture for the adoption of Blockchain in Nigeria.

The inclusive approach guarantees that … pic.twitter.com/bzjwrzef0u

– Dr. ‘Bosun Tijani (@bosuntijani) May 20, 2025

As a result, the interested parties in the sector are anxious to understand the details and implications of politics.

Nigeria has a dynamic cryptocurrency market, but its repression of binance reflects a mixed approach to the sector.

Find out: Top Solana Meme Coins to buy in May 2025

Uganda Cryptto News: Abductions Target Crypto Entrepreneurs

In a shocking accident, the founder of the Ugandese Blockchain Mitroplus Labs platform was presumably kidnapped by a criminal band in Kampala on May 17th.

Festo Iviabi claims to have been forced to transfer part of the The best cryptovans to buy from his wallet before being released.

(Source)

Mitroplus said that the kidnapping did not have an impact on users. However, the price of the Afro meme currency is slightly immersed.

This accident highlights the dangers of the real world of cryptocurrency entrepreneurs and the need for solid security measures.

The decentralized nature of encryption makes attractive for criminals, who can hack or force the owners to transfer funds.

Africa Crypto News: Bitget Wallet sees explosive growth in Africa

Bitget Wallet, provided by Bitget, shown A global increase of 300% of the user base, but more users came from Africa.

The wave reflects a growing dependence on the cryptocurrency for the transfers of funds and the navigation of unstable local currencies.

Gray Chen, Bitget CEO, said that the portfolio “is strong with the essence of the crypt that extends beyond our decentralized vision, acting from a critical access level through trading, earnings and payments for onchain activities”.

These figures underline the immense potential of Africa in cryptocurrency, offering an accessible international monetary system.

Recently, the wallet has announced a 1 million dollar incentives and a review of its logo.

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The week of Post Africa encryption: Nigerian plans in the new Blockchain policy, the encryption entrepreneur kidnapped in Uganda appeared for the first time on 99bitcoin.