Nigeria's securities regulator has conditionally admitted Yellow Card Financial Nigeria into its virtual asset regulatory sandbox, a move that could reshape how businesses and developers access dollar-denominated payments across West Africa.
Read full article →Nigeria's Securities and Exchange Commission published proposed rules on August 20 requiring digital asset firms to keep at least 80% of client assets in offline storage.
Tranzmit Payment Services has integrated Yellow Card's API to settle cross-border transfers between the United States and Nigeria using dollar-pegged stablecoins, targeting a country that received $21.8 billion in diaspora remittances last year.
Lisk, a blockchain network originally founded in 2016 as a Layer 1 blockchain, proposed on August 25 a plan to cease all chain operations by October 31, 2026, if the community approves.
Binance has blocked transactions involving three platforms operating in Nigeria as part of a broader restriction on 17 crypto service providers worldwide, effective August 13, citing its regulatory compliance obligations.
Nairobi, August 24, 2026 — Kenya has completed its legal framework for cryptocurrency regulation, giving all virtual asset businesses operating in the country until November 4, 2026 to obtain a licence or face penalties.
The Stakeholders in Blockchain Technology Association of Nigeria is asking the country's revenue authority to build an evidence base before the new digital asset tax framework takes hold.