{"id":36612,"date":"2025-07-13T11:16:50","date_gmt":"2025-07-13T11:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36612"},"modified":"2025-07-13T11:16:50","modified_gmt":"2025-07-13T11:16:50","slug":"africa-crypto-news-week-in-review-nigeria-exchange-in-kenya-south-africa-enforcement-action-ghana-central-bank-on-vasp-registration","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36612","title":{"rendered":"Africa Crypto News Week in Review:\u00a0Nigeria Exchange In Kenya, South Africa Enforcement Action, Ghana Central Bank On VASP Registration"},"content":{"rendered":"<div>\n<p><em>Africa crypto news in review: Roqqu expands to Kenya as South Africa cracks down on scams. Ghana to clarify on VASP registration.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Nigerian exchange Roquu has acquired a Kenyan startup as it eyes the East African market. Meanwhile, South African regulators are stepping up their efforts to combat fraud in the online crypto space.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In Ghana, the Central Bank is finally set to issue directives on registration for Virtual Asset Service Providers (VASPs).\u00a0Clarity will only encourage more businesses to set up shop, allowing users to get exposure in the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">next 1000X cryptos<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Let\u2019s take a brief look at these continental headlines below:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Kenya Crypto News: Nigerian Exchange Acquires Kenyan Startup<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Nigerian crypto exchange Roqqu has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/techpoint.africa\/news\/roqqu-acquires-kenyas-flitaa\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">acquired<\/span><\/a><span data-preserver-spaces=\"true\"> Kenyan startup Flitaa as it eyes growth in the East African market. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Flitaa launched in 2019 and operates in Kenya, Tanzania, Uganda, and Ghana. Roqqu acquired the startup to become a truly pan-African platform, boosting the number of people investing in 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\">.\u00a0<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Roqqu x Flitaa: A Bold Move Into East Africa \ud83d\ude80\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-_ITcG5mSeE?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 East African market is fertile ground for the Nigerian entity. Kenya and Uganda are also anglophone countries, with supporting regulatory frameworks for external investors. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Kenya\u2019s move to enact the Virtual Assets Providers Bill will clarify the market for external investors looking to enter. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Roquu has made an early bet on this growth, hoping to become a notable player in these markets.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">South Africa Crypto News: Regulators Crack Down on Online Scams<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The financial market regulator in South Africa, the Financial Sector Conduct Authority (FSCA), has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/businesstech.co.za\/news\/finance\/831051\/south-africans-and-their-assets-under-siege\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> that it will spend 200 million Rand over the next 18 months to combat online scams.\u00a0 <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This move comes amid South Africa\u2019s general reckoning and need to modernize its financial sector regulation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Unfortunately, crypto is a component of the scam blueprint. South Africa has had several infamous cases, such as the disappearance of about 70,000 BTC from a platform called Africrypt in 2021. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">WARNING FOR FINANCIAL INFLUENCERS<\/p>\n<p>The Financial Sector Conduct Authority (FSCA) of South Africa is confronting the rise of unregulated financial influencers, or &#8220;finfluencers,&#8221; who offer advice on popular social media platforms. <\/p>\n<p>As of April 2025, the FSCA is investigating\u2026 <a href=\"https:\/\/t.co\/nPCJFQIyWu\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/nPCJFQIyWu<\/a><\/p>\n<p>\u2014 Business Explainer (@BuzinessX) <a href=\"https:\/\/twitter.com\/BuzinessX\/status\/1909161465325486404?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">April 7, 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\">The investment in cracking down on online scams can be positive for the crypto sector, which has struggled with the proliferation of such entities.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Ghana Crypto News:\u00a0 Central Bank Issues Directives On Registration\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">After months of hinting at new regulations, the Central Bank of Ghana has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.bog.gov.gh\/wp-content\/uploads\/2025\/07\/NOTICE-NO.-BG-GOV-SEC-2025-18-NOTICE-ON-MANDATORY-REGISTRATION-OF-VIRTUAL-ASSET-SERVICE-PROVIDERS-OPERATING-IN-GHANA.pdf\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">issued<\/span><\/a><span data-preserver-spaces=\"true\"> a directive for all virtual asset service providers to register by August 15. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Central Bank is issuing the directive to comply with international trends on disclosure and regulation of crypto exchanges.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"BoG to begin cryptocurrency regualtion in Ghana in 2025 | Beyond The Numbers (25-4-25)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/BR50Eoc6o-c?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\">For years, Ghana had little regulation of the crypto sector. However, the growing usage in the local market and pressure from international entities have resulted in this update. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Crypto stakeholders will look to comply with this deadline to continue operations in this market.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">16 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions &amp; Analysis<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Africa Crypto News: Roqqu In Kenya, Ghana On VASP Registration<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Kenya Crypto News: Roqqu expands to Kenya after Flitaa acquisition<span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         South Africa Crypto News: Financial Sector Conduct Authority to combat online scams<span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Ghana Crypto News: Central Bank of Ghana wants crypto businesses to register by August 15<span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/africa-crypto-news-week-in-review-nigeria-exchange-in-kenya-south-africa-enforcement-action-ghana-central-bank-on-vasp-registration\/\">Africa Crypto News Week in Review:\u00a0Nigeria Exchange In Kenya, South Africa Enforcement Action, Ghana Central Bank On VASP Registration<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Africa crypto news in review: Roqqu expands to Kenya as South Africa cracks down on scams. Ghana to clarify on VASP registration. Nigerian exchange Roquu has acquired a Kenyan startup as it eyes the East African market. Meanwhile, South African regulators are stepping up their efforts to combat fraud in the online crypto space.\u00a0 In [&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-36612","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\/36612","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=36612"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36612\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}