IMF Warns Nigeria’s Stablecoin Boom Could Weaken Local Currency Demand

The IMF reports that Nigeria captured 60% of all stablecoin traffic in sub-Saharan Africa as users seek alternatives to traditional banking. IMF: Stablecoins Transform From Niche Market to Major Payment Route Nigerians are increasingly turning to U.S. dollar-pegged stablecoins to move money across borders as small businesses and households search for cheaper and faster ...
18 June 2026

Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock

Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in proceeds. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides ...
18 June 2026

Ghana and the UK Use Blockchain to Recover $15.1M From Cross-Border Scam

Law enforcement agencies from Ghana and the United Kingdom recently collaborated to seize $15.1 million in cryptocurrency from a transnational investment scam. An E-Commerce Front for Organized Crime Law enforcement agencies in Ghana and the United Kingdom have seized approximately $15.1 million in cryptocurrency from a sophisticated transnational investment scam. According to a Chainalysis ...
18 June 2026

Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms

The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual asset service providers (VASPs) formally register with the regulatory body. New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset service providers to formally register with the regulatory body. ...
18 June 2026

Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms

The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual asset service providers (VASPs) formally register with the regulatory body. New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset service providers to formally register with the regulatory body. ...
18 June 2026
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