{"id":37837,"date":"2025-07-20T12:46:48","date_gmt":"2025-07-20T12:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37837"},"modified":"2025-07-20T12:46:48","modified_gmt":"2025-07-20T12:46:48","slug":"africa-crypto-news-week-sui-foundation-launches-hub-in-nigeria-moneybadger-raises-400000-as-kenya-considers-crypto-travel-rule","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37837","title":{"rendered":"Africa Crypto News Week:\u00a0Sui Foundation Launches Hub In Nigeria, MoneyBadger Raises $400,000 As Kenya Considers Crypto \u201cTravel Rule\u201d"},"content":{"rendered":"<div>\n<p><em>Africa crypto news: Kenya is considering the \u201cTravel Rule\u201d in VASP as Sui Foundation launches a blockchain hub in Nigeria. MoneyBadger of South Africa raises $400,000.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">The Sui Foundation has launched a blockchain hub in Nigeria to boost the country\u2019s developer ecosystem. In South Africa, the crypto startup Moneybadger has raised $400,000 in its pre-seed round to boost Bitcoin payments. Meanwhile, in Kenya, the government is seeking to implement the \u201cTravel Rule\u201d in the recently proposed VASP bill.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These, and more stories, make the continental headlines for the week:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Nigeria Crypto News: Sui Foundation Launches Blockchain Hub in Lagos<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Sui Foundation, which is behind SUI, is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/techafricanews.com\/2025\/07\/16\/sui-launches-lagos-blockchain-hub-to-power-west-africas-developer-ecosystem\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">investing i<\/span><\/a><span data-preserver-spaces=\"true\">n a blockchain hub in Nigeria to grow the country\u2019s developer ecosystem. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This launch extends Sui Foundation\u2019s grassroots outreach effort in the African and Asian markets.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Africa\u2019s fastest-growing tech market just got a major upgrade.<\/p>\n<p>SuiHub Lagos is live <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1f3-1f1ec.png\" alt=\"\ud83c\uddf3\ud83c\uddec\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>It\u2019s more than a space \u2013 it\u2019s a launchpad for Africa\u2019s next generation of builders.<\/p>\n<p>Workshops, dev support, and real access to global blockchain infrastructure. <a href=\"https:\/\/t.co\/S5DLeTqkXd\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/S5DLeTqkXd<\/a><\/p>\n<p>\u2014 Sui (@SuiNetwork) <a href=\"https:\/\/twitter.com\/SuiNetwork\/status\/1945164036544586132?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 15, 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\">Lagos joins other destinations such as Dubai and Athens, where the Sui Foundation has sponsored hackathons and related initiatives.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Christian Thompson, the Managing Director of the Sui Foundation, said the foundation will support developers who will, in turn, build on Sui and release impactful solutions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cLagos is home to one of the most energetic tech communities in the world right now. By creating a space to collaborate, learn, and build, Sui is giving talented developers in Lagos the infrastructure and support to build on Sui and create solutions that will have a significant global impact.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nigeria has the largest population on the African continent and a rapidly growing crypto market, with<\/span> <span data-preserver-spaces=\"true\">some of whom are investors in 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<p><span data-preserver-spaces=\"true\">This effort shows Sui\u2019s appreciation of this important market, and the platform hopes to reap the dividends in due course.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-sui\" data-coin-symbol=\"sui\" data-price-usd=\"SUI Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/6\/2024\/11\/23170255\/1732348975-sui.png\" alt=\"sui logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Sui Crypto<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">SUI<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$9.29B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-687ce28a8c7c9\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p><\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">South Africa Crypto News: MoneyBadger Raises $400,000 To Drive Bitcoin Payments <\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">South African crypto startup MoneyBadger has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/disruptafrica.com\/2025\/07\/17\/sa-crypto-payments-startup-moneybadger-raises-400k-pre-seed-funding\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">raised<\/span><\/a><span data-preserver-spaces=\"true\"> $400,000 to boost its <a class=\"cpp-widget-coin cpp-widget-99btc\" href=\"https:\/\/99bitcoins.com\/\" target=\"_blank\" rel=\"nofollow sponsored\" data-symbol=\"btc\" data-name=\"Bitcoin\" data-price=\"118100.000000000000000\" data-change=\"-0.17\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\">BTC <span style=\"color: #ef4546;\">\u25bc-0.17%<\/span><\/a> payments services within the region. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The platform, which is the brainchild of Carel van Wyk, Carl Kritzinger, Ben Blaine, and Brent Petersen, aims to enhance its partnerships and expand operations.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Carel van Wyk, the founder, said funds will be used to accelerate partnerships and further serve their customers well.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThis funding round, partly funded in bitcoin, helps us accelerate these partnerships and expand our well-established service to more consumers, merchants, use-cases, and countries. We envision a future where you can buy anything and everything with Bitcoin.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">MoneyBadger will seek more merchant partners to improve its Bitcoin payments reach. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MoneyBadger bags US$400 k to tame crypto payments friction<\/p>\n<p>Cape Town start-up MoneyBadger has closed a US$400 k pre-seed round led by Nimble Capital. The fintech offers a stable-coin settlement API that slashes cross-border transfer fees to ~0.7 %, versus SWIFT\u2019s 4-5 %.\u2026<\/p>\n<p>\u2014 Victor de Ascen\u00e7\u00e3o (@victordascencao) <a href=\"https:\/\/twitter.com\/victordascencao\/status\/1945928307867836671?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 17, 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\">South Africa boasts one of the most impressive crypto payment adoption rates, and this platform aims to leverage this growing market to become an industry leader.\u00a0<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Kenya Crypto News:\u00a0 Legislation To Introduce \u2018Travel Rule\u2019<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The Government of Kenya is considering<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/bitcoinke.io\/2025\/07\/kenya-govt-seeks-crypto-owners-id\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\"> introducing<\/span><\/a><span data-preserver-spaces=\"true\"> the \u201cTravel Rule\u201d\u00a0 Virtual Assets Providers (VASP) Bill, which continues to take shape. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This rule requires crypto service providers to collect and share information, including transaction history and physical addresses, with other service providers and financial institutions with which they engage.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This requirement is an effort to comply with international requirements by the Financial Action Task Force (FATF) and related global regulators. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"New Era of the Travel Rule and Secure Transactions: Alice Nawfal - Ep. 125\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Ug8S0wipJc4?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\">Crypto regulations will always be a delicate balancing act. This is because the initial premise of crypto, even the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best new cryptos to invest in<\/span><\/a><span data-preserver-spaces=\"true\">, was to offer an alternative to mainstream finance.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">That said, crypto service providers operate in a reality where they need to create working relationships with local governments. As such, Kenyan operators could soon face this reckoning.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><\/strong><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 Crypto \u2013 12 Coins That Could 1000x in 2025<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Africa Crypto News: Kenya Travel Rule, Sui In Nigeria<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Nigeria Crypto News: Sui Foundation launches blockchain hub in Lagos     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         South Africa Crypto News: MoneyBadger raises $400,000 to drive Bitcoin payments<span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Kenya Crypto News: Government considers introducing \u201cTravel Rule\u201d in the VASP bill<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-sui-foundation-launches-hub-in-nigeria-moneybadger-raises-400000-as-kenya-considers-crypto-travel-rule\/\">Africa Crypto News Week:\u00a0Sui Foundation Launches Hub In Nigeria, MoneyBadger Raises $400,000 As Kenya Considers Crypto \u201cTravel Rule\u201d<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Africa crypto news: Kenya is considering the \u201cTravel Rule\u201d in VASP as Sui Foundation launches a blockchain hub in Nigeria. MoneyBadger of South Africa raises $400,000. The Sui Foundation has launched a blockchain hub in Nigeria to boost the country\u2019s developer ecosystem. In South Africa, the crypto startup Moneybadger has raised $400,000 in its pre-seed [&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-37837","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\/37837","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=37837"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37837\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}