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Africa Crypto Week in Review: Nigeria Crypto Firms Raise $20 Million, CBEX Exits In Kenya and Nigeria, South Africa To Host Crypto Event

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In the latest news of Africa’s encryption: Nigerian encryption companies secure $ 20 million in 2024, when CBEX collapses, leaving victims in the Nigerian and Kenyan Web3 Web3 space. It is estimated that the victims have lost more than $ 800 million, with the greatest impact on Nigeria. Meanwhile, the Wiki Financial Show of Johannesburg … Read more

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

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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 … Read more

Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin

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Frank Corva

Yesterday, the representative Jordan Pace reintroduced Bill H. 4256, the “Strategic Digital Assents Reserve Act of the South Carolina”, in the Chamber of Representatives of the South Carolina. The salient points of the bill include the fact that it allows the state treasurer to invest up to 10% of the funds in the state management … Read more

South Korea Cracks Down On 17 Crypto Exchanges

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South Korean organizers asked Google to prevent access to 17 encryption exchanges. The affected exchanges include Kucoin, Mexc, PhenEx, Coinex, Poloneix and more. “The Financial Intelligence Unit (FIU) has identified the non-reported companies abroad (16 companies in 2022, 6 companies in 2023) and provide instructions to provide reporting companies to refrain from doing business with … Read more

South Korea Cracks Down On KuCoin And BitMex Among Other Crypto Exchanges

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The Financial Intelligence Unit (FIU) in South Korea, which falls within the framework of the Financial Services Committee (FSC), has started enforcement procedures against many encrypted currency exchanges, including Kucoin and Bitmex, to work in the country without registration as virtual asset services provider (VASPS) under South Korea’s financial information law. According to local media … Read more

Africa Crypto Week in Review: Kenyan Youth Urged to Join Binance Academy, Cameroonian Digital Lending Platform Explores Stablecoins as Memecoin Group Hacks South African Parliament

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Binance Kenya pays education, azamra tap stablecoins for lending to Cameroon Crypto, Meme Coin Stun disrupts Africa’s encryption. The educational efforts made by Binance, Crypto Giant and Fintech lending in the Cameroon Crypto manufacturer, and the outrageous promotional attempts to make headlines. This is the expansion of the weekly events that can be revealed in … Read more

South Korea Confirms New Regulation For Institutional Crypto Investments By Third Quarter

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South Korea Financial Services Committee (FSC) Declare Plans to issue comprehensive guidelines to invest in institutional coded currency by the third quarter of 2025. FSC revealed a road map during a meeting with local encryption experts on Wednesday, March 12, 2025. South Korea to issue institutions #Crypto Investment instructions by Q3 The Financial Services Committee … Read more

South Korea Looks to Lift Ban on Corporate Crypto Trading as Global Adoption Grows

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🇰🇷

The encryption rules can change in South Korea, as the government plans to lift the car encryption trade ban, which paves the way for Korean capital. South Korea has made a major political transformation. On February 13, 2025, the country announced that it lifted the long encryption trade. This decision has made now possible for … Read more

South Korea In A Sink Or Swim Situation, Must Approve Crypto ETFs Or Fall Behind

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🥇

South Korea Chairman Young Yun OPPO believes that South Korea should provide trading boxes in encryption exchanges to remain relevant in the global digital financial scene. In an interview with him recently with the local Korean media on February 9, 2025, Jong indicated that global digital markets had already adopted the circulating investment funds. If … Read more