Roqqu In Kenya, Ghana On VASP Registration

Africa crypto information in overview: Roqqu expands to Kenya as South Africa cracks down on scams. Ghana to make clear on VASP registration.

Nigerian trade Roquu has acquired a Kenyan startup because it eyes the East African market. In the meantime, South African regulators are stepping up their efforts to fight fraud within the on-line crypto house. 

In Ghana, the Central Financial institution is lastly set to subject directives on registration for Digital Asset Service Suppliers (VASPs). Readability will solely encourage extra companies to arrange store, permitting customers to get publicity within the subsequent 1000X cryptos.

Let’s take a short take a look at these continental headlines under:

Kenya Crypto Information: Nigerian Trade Acquires Kenyan Startup

Nigerian crypto trade Roqqu has acquired Kenyan startup Flitaa because it eyes progress within the East African market.

Flitaa launched in 2019 and operates in Kenya, Tanzania, Uganda, and Ghana. Roqqu acquired the startup to develop into a really pan-African platform, boosting the variety of individuals investing in among the greatest cryptos to purchase. 

The East African market is fertile floor for the Nigerian entity. Kenya and Uganda are additionally anglophone international locations, with supporting regulatory frameworks for exterior traders.

Kenya’s transfer to enact the Digital Property Suppliers Invoice will make clear the marketplace for exterior traders seeking to enter.

Roquu has made an early guess on this progress, hoping to develop into a notable participant in these markets. 

DISCOVER: 20+ Subsequent Crypto to Explode in 2025 

South Africa Crypto Information: Regulators Crack Down on On-line Scams

The monetary market regulator in South Africa, the Monetary Sector Conduct Authority (FSCA), has introduced that it’s going to spend 200 million Rand over the subsequent 18 months to fight on-line scams. 

This transfer comes amid South Africa’s normal reckoning and must modernize its monetary sector regulation. 

Sadly, crypto is a element of the rip-off blueprint. South Africa has had a number of notorious instances, such because the disappearance of about 70,000 BTC from a platform known as Africrypt in 2021.

WARNING FOR FINANCIAL INFLUENCERS

The Monetary Sector Conduct Authority (FSCA) of South Africa is confronting the rise of unregulated monetary influencers, or “finfluencers,” who supply recommendation on fashionable social media platforms.

As of April 2025, the FSCA is investigating… pic.twitter.com/nPCJFQIyWu

— Enterprise Explainer (@BuzinessX) April 7, 2025

The funding in cracking down on on-line scams will be constructive for the crypto sector, which has struggled with the proliferation of such entities.

Ghana Crypto Information:  Central Financial institution Points Directives On Registration 

After months of hinting at new laws, the Central Financial institution of Ghana has issued a directive for all digital asset service suppliers to register by August 15.

The Central Financial institution is issuing the directive to adjust to worldwide tendencies on disclosure and regulation of crypto exchanges.

For years, Ghana had little regulation of the crypto sector. Nonetheless, the rising utilization within the native market and stress from worldwide entities have resulted on this replace.

Crypto stakeholders will look to adjust to this deadline to proceed operations on this market.

DISCOVER: 16 Subsequent Crypto to Explode in 2025: Professional Cryptocurrency Predictions & Evaluation

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Dalmas Ngetich

Crypto Journalist

Dalmas is an skilled journalist with over a decade in crypto, know-how, and blockchain. His work and that of his companions have been featured in prime information shops, together with Forbes, investing.com, and Entrepreneur, amongst others. He’s keen about crypto…
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