Nigeria’s CBN now requires every Bitcoin P2P platform to hold a licence and at least 1 billion naira in capital. Existing operators have 180 days to comply or shut down.
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MoneyBadger, the payment provider powering Bitcoin acceptance at Pick n Pay and South African Airways, is warning that the SARB’s draft exchange control rules would classify any payment from a private Bitcoin wallet as prohibited, even when the buyer is simply paying for bread and the merchant receives rand. The public comment period closes today.
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Seven years after warning citizens away from Bitcoin and digital assets, the Bank of Tanzania has announced it is finalising a full regulatory framework covering virtual assets, stablecoins, and Bitcoin — a landmark policy reversal that places Tanzania firmly inside East Africa’s growing regulatory wave.
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Nigeria’s Securities and Exchange Commission has admitted nine companies into its Accelerated Regulatory Incubation Programme in 48 hours, the largest expansion of its digital asset sandbox since the programme launched, as the country moves to bring its $92 billion annual market under formal oversight.
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A Johannesburg High Court has ruled that Bitcoin constitutes both “money” and “capital” under South Africa’s exchange control laws — a landmark judgment that directly contradicts a 2025 ruling and significantly shifts how Bitcoin can be treated in cross-border transactions.
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South Africa’s National Treasury and Reserve Bank have extended the public comment period on draft Capital Flow Management Regulations to 30 June 2026, following widespread industry pushback over proposed restrictions on cross-border Bitcoin transactions.
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Binance’s decision to suspend Ethiopian Birr trading has triggered backlash from local P2P users who relied on the platform for access to foreign currency and cross-border payments.
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Multiple Binance P2P users in Kenya have reported frozen accounts following requests from law enforcement agencies, triggering widespread debate around transparency, regulation, and digital asset enforcement.
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South Africa’s National Treasury has announced plans to expand regulatory oversight of Bitcoin and digital assets as part of broader financial reforms.
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