BITPRISMIA
Stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly surpassing bitcoin's 18.1%, with Nigeria and South Africa leading in adoption and Ethiopia showing the highest growth due to currency devaluation.
Ethiopia has halted issuing new electricity permits for crypto mining due to a power shortage, impacting 25 active Bitcoin mining operations and highlighting infrastructure challenges for the industry in Africa.
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Ghana is finalizing a regulatory framework to license and regulate cryptocurrency platforms by September 2025, addressing widespread crypto usage and aiming to attract strategic investment.
Ghana is planning to introduce a crypto licensing law to regulate its $3 billion cryptocurrency market, aiming to formalize digital assets and support the country's Web3 ambitions.
The Africa Money & DeFi Summit West Africa will return to Accra in September 2025, focusing on how fintech, Web3, and stablecoins are transforming financial systems in Africa, with Nigeria leading in stablecoin adoption.
Eskom's improved energy availability and exploration of Bitcoin mining and AI as new revenue streams highlight South Africa's shift from energy scarcity to technological opportunities, despite ongoing financial and operational challenges.
Traders Fair South Africa 2025, powered by XS.com and sponsored by InstaForex and GTC FX, will take place on September 20, 2025, in Johannesburg, offering learning, networking, and global community engagement in financial markets.
Bitcoin Events announces two major cryptocurrency events in South Africa in 2025: the Blockchain Africa Conference 2025 and Crypto Fest 2025, aimed at fostering collaboration and innovation in the blockchain and crypto space.