{"id":24041,"date":"2025-04-27T12:32:06","date_gmt":"2025-04-27T12:32:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24041"},"modified":"2025-04-27T12:32:06","modified_gmt":"2025-04-27T12:32:06","slug":"africa-crypto-week-in-review-ghana-to-regulate-crypto-binance-to-adopt-stricter-measures-in-south-africa-nigeria-intensify-crackdowns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24041","title":{"rendered":"Africa Crypto Week In Review: Ghana to Regulate Crypto, Binance To Adopt Stricter Measures in South Africa, Nigeria Intensify Crackdowns"},"content":{"rendered":"<div>\n<p><em>In this week\u2019s Africa crypto news, Ghana sets crypto regulations for 2025 as Binance tightens South Africa rules. Nigeria is also cracking down on unregulated firms.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">The African regulatory landscape continues to adapt to the reality of a permanent crypto sector. Ghana has plans to regulate crypto. Binance also plans to update its compliance requirements to align with new rules in South Africa from late April 2025. Meanwhile, Nigeria is cracking down on unregistered crypto firms, leveling charges against Afriq Arbitrage System (AAS) and its CEO.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These stories represent the key developments from the African continent this week:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Ghana Crypto News: Central Bank Moves to Regulate Crypto<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The Central Bank of Ghana has set September 2025 as the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.myjoyonline.com\/bog-to-begin-cryptocurrency-regulation-in-ghana-by-september-2025\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">deadline<\/span><\/a><span data-preserver-spaces=\"true\"> to regulate cryptos, including some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best Solana meme coins<\/span><\/a><span data-preserver-spaces=\"true\">. Governor Johnson Asiama made the announcement at a summit in Washington, DC, signaling the country\u2019s intent to oversee this industry.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Cryptocurrency Regulation: Bank of Ghana to put guidelines in place starting from September\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/MdeElRPduIA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">The move is part of a continental shift toward standardized rules for crypto entities. Nigeria recently enacted crypto legislation to align with international crypto and securities regulation frameworks.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This shift reflects a continent increasingly accepting of crypto\u2019s permanence. The industry has existed for over a decade, and governments are coming to terms with its presence.<\/span><\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" rel=\"\">9+ Best High-Risk, High\u2013Reward Crypto to Buy in April 2025<\/a><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">South Africa Crypto News: Binance Adopts New Guidelines for Users to Comply with Regulations<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Major exchange Binance has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/ea828dd2fa9d45bba665e1d6771ce90e\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> stricter requirements for its users in South Africa starting April 30. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This decision follows the country\u2019s implementation of the Travel Rule, now enforced by South Africa\u2019s Financial Intelligence Centre.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GpUYMpBbYAI0NOc?format=jpg&amp;name=medium\" alt=\"Image\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/x.com\/VNcoin8\/status\/1915463824750362805\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">The Travel Rule mandates that crypto service providers collect and share information about senders and recipients of crypto transactions. Binance will now require users to provide names, recipient addresses, and exchange details for transactions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These rules are part of a broader regulatory framework enacted by South Africa in recent months. Binance aims to comply and maintain its presence in this vibrant market. Users who fail to provide the required information risk transaction disruptions. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These changes may frustrate some crypto users who prefer anonymous or pseudonymous transactions. However, Binance has prioritized protecting its market position, cementing its place as a platform for <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">buying some of the best cryptos in 2025<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Nigeria Crypto News: Crackdown Against Unregistered Crypto Exchanges Intensify<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The Nigeria Economic and Financial Crimes Commission (EFCC) is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/bitcoinke.io\/2025\/04\/efcc-cracks-down-afriq-arbitrage-system-ltd\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">intensifying<\/span><\/a><span data-preserver-spaces=\"true\"> its crackdown against crypto firms.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It recently brought charges against Afriq Arbitrage System (AAS) and Jesam Michael, its CEO. The agency claims that the crypto ramp engaged in investment fraud, which saw users lose nearly $850,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">AAS\u2019 engagement violated Section 44(1) of the Banks and Other Financial Institutions Act, 2020, and the agency is looking to penalize the firm as per the law.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Crypto Regulations in Nigeria: What\u2019s in Store for Investors\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/ippvXswukzk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Last year, Binance became a focal point in crypto enforcement in Africa after Nigeria charged two of its executives for, among other charges, money laundering and tax evasion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">17 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions &amp; Analysis<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Africa Crypto News: Ghana Regulations, Binance South Africa Rules, Nigeria Crypto Crack Down<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">The Ghana Central Bank targets September 2025 for crypto laws, aligning with Nigeria as they regulate crypto assets<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Binance enforces stricter user data rules in South Africa to comply with the Travel Rule, ensuring market presence amid new regulations<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Nigeria is pressing charges against Afriq Arbitrage System (AAS), accusing them of committing investment fraud<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/africa-crypto-news-in-review-ghana-to-regulate-crypto-binance-to-adopt-stricter-measures-in-south-africa-nigeria-intensify-crackdowns\/\">Africa Crypto Week In Review: Ghana to Regulate Crypto, Binance To Adopt Stricter Measures in South Africa, Nigeria Intensify Crackdowns<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this week\u2019s Africa crypto news, Ghana sets crypto regulations for 2025 as Binance tightens South Africa rules. Nigeria is also cracking down on unregulated firms. The African regulatory landscape continues to adapt to the reality of a permanent crypto sector. Ghana has plans to regulate crypto. Binance also plans to update its compliance requirements [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24041","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24041"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24041\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}