{"id":28491,"date":"2025-05-25T13:31:59","date_gmt":"2025-05-25T13:31:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28491"},"modified":"2025-05-25T13:31:59","modified_gmt":"2025-05-25T13:31:59","slug":"africa-crypto-week-in-review-nigeria-plans-new-blockchain-policy-crypto-entrepreneur-abducted-in-uganda","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28491","title":{"rendered":"Africa Crypto Week in Review: Nigeria Plans New Blockchain Policy, Crypto Entrepreneur Abducted In Uganda"},"content":{"rendered":"<div>\n<p>Africa crypto news: Nigeria plans to introduce a new blockchain policy as a crypto entrepreneur is adopted in Uganda. Meanwhile, Bitget Wallet is finding more users in Africa.<\/p>\n<p><span data-preserver-spaces=\"true\">The African crypto regulatory landscape is evolving rapidly. Following recent securities legislation, Nigeria is developing a new national blockchain policy to boost crypto adoption.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"> In a concerning development, crypto entrepreneurs are urged to enhance security measures after a crypto executive was abducted in Uganda. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Bitget Wallet is fast-growing in Africa, as global users increase by 300%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Let\u2019s dive into the stories shaping this week\u2019s headlines across the continent:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Nigeria Crypto News: Government to Create New Blockchain Policy<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Following recent legislation governing securities and digital assets, the Nigerian government <\/span><span data-preserver-spaces=\"true\">plans<\/span><span data-preserver-spaces=\"true\"> to introduce a new blockchain policy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bosun Tijani, the Minister for Communications and the Digital Economy, confirmed these plans are in progress.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Tijani believes the policy will accelerate blockchain adoption in the country, even funneling capital to some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best meme coin ICOs<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/FMCIDENigeria?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@FMCIDENigeria<\/a> has released a Whitepaper detailing our efforts to develop a holistic National Blockchain Policy. This Policy aims to provide a structured, inclusive, and forward-looking framework for Blockchain adoption in Nigeria.<\/p>\n<p>The inclusive approach ensures that\u2026 <a href=\"https:\/\/t.co\/bzJWrzEF0U\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/bzJWrzEF0U<\/a><\/p>\n<p>\u2014 Dr. &#8216;Bosun Tijani (@bosuntijani) <a href=\"https:\/\/twitter.com\/bosuntijani\/status\/1924867222079525349?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">As a result, industry stakeholders are eager to understand the policy\u2019s details and implications. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Blockchain Expert Describes National Blockchain Policy As Game Changer\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Xm38feHtnvw?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\">Nigeria has a dynamic crypto market, yet its crackdown on Binance reflects a mixed approach to the sector.<\/span><\/p>\n<p><strong>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> Top Solana Meme Coins to Buy in May 2025<\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Uganda Crypto News: Abductions Target Crypto Entrepreneurs<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">In a shocking incident, the founder of Ugandan blockchain platform Mitroplus Labs was allegedly abducted by a criminal gang in Kampala on May 17. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Festo Iviabi claims he was forced to transfer some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\"> from his wallet before being released.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-240897 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-23T131023.928.png\" alt=\"Africa crypto news: Nigeria plans to introduce a new blockchain policy as a crypto entrepreneur is adopted in Uganda\" width=\"759\" height=\"879\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-23T131023.928.png 759w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-23T131023.928-259x300.png 259w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-23T131023.928-43x50.png 43w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-23T131023.928-173x200.png 173w\" sizes=\"auto, (max-width: 759px) 100vw, 759px\"><\/p>\n<p>\u00a0<\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/x.com\/AfroTokenSUN\/status\/1924458455177269358\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Mitroplus said the abduction didn\u2019t impact users. However, the price of the Afro meme coin slightly dipped. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This incident highlights crypto entrepreneurs\u2019 real-world dangers and the need for robust security measures.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The decentralized nature of crypto makes it attractive to criminals, who may hack or coerce owners to transfer funds.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Africa Crypto News: Bitget Wallet Sees Explosive Growth in Africa<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Bitget Wallet, provided by Bitget, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/bitcoinke.io\/2025\/05\/bitget-wallet-saw-the-fastest-growth-in-africa\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\"> a 300% global increase in user base, but more users were from Africa.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The surge reflects a growing reliance on crypto for fund transfers and navigating unstable local currencies.<\/span><\/p>\n<p>Gracy Chen, CEO at Bitget,\u00a0 <a class=\"general-link\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/05\/23\/3087231\/0\/en\/Bitget-Wallet-Launches-New-Brand-Identity-and-Crypto-for-Everyone-Movement.html\" target=\"_blank\" rel=\"noopener nofollow\">said <\/a>the wallet \u201cstands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets.\u201d<\/p>\n<p><span data-preserver-spaces=\"true\">These figures underscore Africa\u2019s immense potential in crypto, offering an accessible international monetary system.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Recently, the wallet announced a $1 million incentive campaign and a revision of its logo.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000x Crypto \u2013 11 Coins That Could 1000x in 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Africa Crypto News: Nigeria Blockchain Policy, Entrepreneur Abduction Uganda<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Nigeria Crypto News: Government<span data-preserver-spaces=\"true\">\u00a0plans to release new blockchain policy<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Uganda Crypto News: <span data-preserver-spaces=\"true\">Meme coin developer abducted in Uganda<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Africa Crypto News: <span data-preserver-spaces=\"true\">Bitget Wallet growing, finds more users in Africa<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/africa-crypto-week-in-review-nigeria-plans-new-blockchain-policy-crypto-entrepreneur-abducted-in-uganda\/\">Africa Crypto Week in Review: Nigeria Plans New Blockchain Policy, Crypto Entrepreneur Abducted In Uganda<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Africa crypto news: Nigeria plans to introduce a new blockchain policy as a crypto entrepreneur is adopted in Uganda. Meanwhile, Bitget Wallet is finding more users in Africa. The African crypto regulatory landscape is evolving rapidly. Following recent securities legislation, Nigeria is developing a new national blockchain policy to boost crypto adoption. In a concerning [&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-28491","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\/28491","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=28491"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28491\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}