🟠 M-Pesa meets blockchain

Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now
CBDCs, stablecoins, mobile money and digital payment systems reshaping how value moves across the continent.

Plus: 🇬🇭 Ghana brings crypto into its regulatory perimeter with a new VASP law; 🇿🇦 South Africa’s central bank says CBDCs matter — just not right now

Parents maintain full control of these accounts designed to teach crypto and financial literacy to children aged 17 and under.

The bank sees no need to deploy a retail CBDC anytime soon, but it will explore wholesale options.

Adoption is on the rise, but with increased adoption comes financial stability risks that the bank is now looking to counteract.

SARB said the absence of a complete regulatory framework for crypto assets and stablecoins remains a key vulnerability in South Africa’s financial system.

ADAPT, built in partnership with IOTA and the Tony Blair Institute for Global Change, will allow users to settle trades in local currencies and stablecoins.

Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.

Plus: 🌍 Here’s why Flutterwave is enabling stablecoin payments via Polygon

Olugbenga Agboola said rising demand from clients and suppliers already using stablecoins pushed Flutterwave to build payment flows that match how people are transacting today.

Dubbed the ZAR Supercoin, the stablecoin designed and developed by New York-listed Super Group, is backed by cash reserves in Absa bank.

Plus: 🇿🇦 USD stablecoins can undermine African monetary sovereignty — SARB Governor

Yellow Card told Mariblock that the decision was driven by strong, growing demand for stablecoin-fiat payment services.

Lesetja Kganyago says he is unconvinced by the supposed stability of USD-pegged stablecoins and believes their backing can be called into question

Plus: 🇳🇬 Nigerians prefer crypto investments and gambling to the capital market — SEC DG

While the full rollout is scheduled for 2026, a pilot program of the product feature is expected to run its course before the end of the year.

Ayotunde Alabi highlights how adopting stablecoins and tokenized assets can help Africa build a modern financial system that drives trade and economic growth.

The move combines modern digital asset technology with the security and trust of a tradfi institution to provide digital asset custody.

Despite these impressive figures, there is a huge policy vacuum sitting between potential and scale.

The digital currency is backed by Ugandan treasury bonds and can be accessed via smartphones.

The network also wants its system to be compatible with more modern digital finance rails such as stablecoins