{"id":52400,"date":"2025-10-12T11:01:47","date_gmt":"2025-10-12T11:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52400"},"modified":"2025-10-12T11:01:47","modified_gmt":"2025-10-12T11:01:47","slug":"africa-crypto-news-week-in-review-kenya-passes-vasp-bill-uganda-cbdc-pilot-bitcoin-lightning-network-adoption-in-south-africa","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52400","title":{"rendered":"Africa Crypto News Week in Review:\u00a0Kenya Passes VASP Bill, Uganda CBDC Pilot, Bitcoin Lightning Network Adoption in South Africa"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">After months of debate, Kenya\u2019s parliament has passed the country\u2019s first comprehensive crypto legislation. VASP will be key in driving adoption and creating a regulatory framework for crypto businesses in the country.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In Uganda, an initiative to launch the country\u2019s first Central Bank Digital Currency (CBDC) is going into effect. CBDC continues to lose momentum as stablecoins, like 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\">USDC and USDT<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0take over<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, approximately 650,000 crypto merchants in South Africa can now accept Bitcoin payments following the integration of the Lightning Network (LN). The LN scales the Bitcoin mainnet, enabling low-fee transactions. Presently, the Bitcoin Lightning Network has a capacity of over $471M worth of BTC.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-294381\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387.png\" alt=\"\" width=\"1428\" height=\"717\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387.png 1428w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387-300x151.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387-1024x514.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387-768x386.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-10T151823.387-50x25.png 50w\" sizes=\"auto, (max-width: 1428px) 100vw, 1428px\"><\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/1ml.com\/\" target=\"_blank\" rel=\"noopener nofollow\">1ml<\/a>)<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best Memecoin to Buy in 2025<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Other than the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/presales\/floki-crypto-helps-africa-with-clean-water-meme-coins-change-life\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Floki crypto funding of the WWFA in Malawi<\/span><\/a><span data-preserver-spaces=\"true\">, let\u2019s look at stories making continental headlines this week:<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Kenya Crypto News:\u00a0 Parliament Passes VASP Bill<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The Kenyan parliament has <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/kenyanwallstreet.com\/parliament-passes-landmark-crypto-law\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">passed<\/span><\/a><span data-preserver-spaces=\"true\"> the Virtual Asset Providers Bill (VASP), which is the country\u2019s first comprehensive crypto legislation. This bill creates a licensing and supervisory framework for crypto service providers in the country.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">One of the most critical introductions is the multi-agency regulation of the crypto sector. Kenya\u2019s Central Bank and the Communications Authority of Kenya have a role rather than having a single regulator for the sector.\u00a0<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Kenya VASP Bill Crisis - Crypto Regulation or Political Capture? | #AliTalksTech\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/rvg--UZh7Sg?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\">One notable requirement for service providers is having a physical office in the country and at least three natural persons on their board of directors. These measures ensure Kenya better complies with international requirements in AML\/KYC.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Binance-linked lobby group, Virtual Assets Chamber of Commerce, played a role in changes to the bill. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/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<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Uganda Crypto News: Central Bank Launches CBDC Pilot\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Uganda has launched a Central Bank Digital Currency (CBDC) pilot programme. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This CBDC will entail a digital Ugandan shilling backed by treasury bonds and will run on a blockchain. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Uganda Digital Currency: Country explore implementation of a Central Bank Digital Currency\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/zz099AF-SDY?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\">It will feature a $5.5Bn real-world asset tokenization project led by Global Settlement Network (GSN) and Diacente Group.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">GSN co-founder Ryan Kirkley <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/finance.yahoo.com\/news\/uganda-unleashes-5-5b-tokenization-181809057.html\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">explained<\/span><\/a><span data-preserver-spaces=\"true\"> the initiative as follows:\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe\u2019re building infrastructure that goes beyond theory \u2014 a programmable economy grounded in real assets, regulatory collaboration, and mass accessibility,\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some target assets for the new portfolio are food production, mining, renewable energy, and trade. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Uganda has a broad range of possible tokenized assets, and this project intends to leverage <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">these possibilities<\/span><\/a><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, it is still unclear whether the country\u2019s government will enact any regulatory changes to promote the success of this initiative.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">15+ Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">South Africa Crypto News: Bitcoin Lightning Network Users Reach 650,000<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">South African merchant crypto acceptance has soared to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coinfomania.com\/south-africa-bitcoin-scan-to-pay-lightning-integration\/\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">650,000<\/span><\/a><span data-preserver-spaces=\"true\"> after Scan to Go integrated the Lightning Network for Bitcoin payments.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68eb881b20529\" data-coin-id=\"btc\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68eb881b20529-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68eb881b20529-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68eb881b20529-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68eb881b20529-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68eb881b20529-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68eb881b20529-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68eb881b20529-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68eb881b20529-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68eb881b20529-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68eb881b20529-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68eb881b20529-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68eb881b20529-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span data-preserver-spaces=\"true\">Presently, the Africa\u2019s economic powerhouse already boasts the best numbers on the continent in crypto payments, and this move raises that number even higher.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin just became spendable at 650,000+ merchants across South Africa <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f9a1.png\" alt=\"\ud83e\udda1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>We recently announced our partnership with Scan to Pay to let South Africans spend their Bitcoin anywhere from grocery stores to petrol stations, without the usual hassle.<\/p>\n<p>Here&#8217;s what&#8217;s different:\u2026 <a href=\"https:\/\/t.co\/P2Tukrl4qn\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/P2Tukrl4qn<\/a><\/p>\n<p>\u2014 Money<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">Badger (@MoneyBadgerPay) <a href=\"https:\/\/twitter.com\/MoneyBadgerPay\/status\/1975851444164075606?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 8, 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\">Due to its inherent architecture, Bitcoin has historically faced scalability problems. The Lightning Network came to improve payment efficiency and ensure Bitcoin could become more compatible with merchants\u2019 instant settlement needs.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Building financial ecosystems through Lightning and <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Bitcoin<\/a> in the townships of Cape Town. <\/p>\n<p>Today I\u2019ve visited a project called <a href=\"https:\/\/twitter.com\/bitcoinkhaya?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@bitcoinkhaya<\/a> in Khayelitsha, the largest township in Cape Town. <\/p>\n<p>They want to bank all the unbanked through Lightning. <\/p>\n<p>True legends. <a href=\"https:\/\/t.co\/kiVxG1pwuI\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/kiVxG1pwuI<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1631724898354884610?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">March 3, 2023<\/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 total number of merchants now accepting crypto payments is approximately 650,000. This increased rate is a strong representation of South African business. Crypto continues to achieve impressive integration into the real economy and will continue to grow if current trends hold.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/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 Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Africa crypto news: Kenya VASP, Uganda CBDC<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Kenya crypto news: VASP bill enacted<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Uganda crypto news: Central bank launches CBDC pilot<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">South Africa crypto news: Over 650,000 merchants use the Bitcoin Lightning Network<\/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-news-week-in-review-kenya-passes-vasp-bill-uganda-cbdc-pilot-bitcoin-lightning-network-adoption-in-south-africa\/\">Africa Crypto News Week in Review:\u00a0Kenya Passes VASP Bill, Uganda CBDC Pilot, Bitcoin Lightning Network Adoption in South Africa<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After months of debate, Kenya\u2019s parliament has passed the country\u2019s first comprehensive crypto legislation. VASP will be key in driving adoption and creating a regulatory framework for crypto businesses in the country. In Uganda, an initiative to launch the country\u2019s first Central Bank Digital Currency (CBDC) is going into effect. CBDC continues to lose momentum [&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-52400","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\/52400","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=52400"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52400\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}