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Ethiopia Mining Boom, Algeria Crypto Ban

by Catatonic Times
August 10, 2025
in Bitcoin
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South African crypto change VALR has grow to be the primary platform on the continent to supply tokenized American shares. Two main crypto occasions are scheduled in South Africa for October and November 2025. In Uganda, ViFi Labs has acquired OneRamp, strengthening its foothold on the continent.

In the meantime, the BTC ▼-0.01% mining growth in Ethiopia is driving report income for the state electrical energy firm. Up north, Algeria has taken the unlucky stance of banning all crypto-related actions.

These, and extra tales, make the continental headlines for the week:

South Africa Crypto Information: Tokenization, Acquisition, And Crypto Conferences

South African crypto change VALR has launched tokenized U.S. inventory buying and selling on its platform, making it the primary African change to supply customers entry to U.S. equities markets.

Customers can now commerce xStocks, a illustration of U.S shares on the Solana blockchain.

sol logo

24h7d30d1yAll time

The xStocks token, created by Backed in Might, permits VALR customers to trace their favourite U.S. shares, corresponding to Tesla and Amazon, with the comfort of crypto buying and selling.

VALR goes dwell with xStocks, pioneering tokenized U.S.-listed equities in South Africa and the continent.#ProTradingForEveryone #MoneyForTheWorld pic.twitter.com/3AvQtBIARQ

— VALR (@VALRdotcom) July 31, 2025

In the meantime, Peach Funds and Moneybadger have partnered. Peach Funds goals to leverage its first cope with a crypto service supplier to supply extra selections to its shoppers.

DISCOVER: High Solana Meme Cash to Purchase in 2025

Tens of millions of South Africans now personal crypto and make funds utilizing digital belongings. Peach Funds goals to draw customers excited by utilizing this utility for crypto cost choices.

Bitcoin Occasions has additionally introduced that Blockchain Africa Convention 2025 and CryptoFest 2025 will happen in South Africa. The Blockchain Africa Convention might be held in Johannesburg on October 30, 2025, whereas CryptoFest is scheduled for mid-November in Cape City.

Algeria Crypto Information: Sweeping Ban on Crypto

The Algerian authorities has enacted a complete ban on all digital asset actions to guard the nationwide foreign money.

Algeria has formally banned all crypto-related actions. It’s now handled as a monetary crime below anti-money laundering and anti-terrorism legal guidelines.

Laborious to consider that in 2025, some African nations nonetheless view crypto as a criminal offense. pic.twitter.com/gE9dnLO2yu

— Specter (@SpecterAnalyst) July 31, 2025

The ban, efficient July 24, 2025, was introduced by way of a publication. Cited causes embrace combating terrorist financing, stopping fraud, and curbing unwarranted hypothesis.

These measures place Algeria on the finish of the spectrum, as most nations allow crypto actions inside regulated frameworks.

DISCOVER: High 20 Crypto to Purchase in 2025

Uganda Crypto Information: ViFi Labs Acquires OneRamp

Decentralized protocol ViFi Labs has acquired Ugandan platform OneRamp, a rising participant in native crypto funds.

ViFi goals to strengthen its foothold in strategic African markets and increase to Latin America.

We’re excited to announce we have acquired @0xOneRamp !

The platform makes it straightforward for individuals to spend crypto for day-to-day purchases, blurring the hole between the complexity of stablecoins and fintech funds.

This is why 🧵👇🏽 pic.twitter.com/a84thDYggu

— ViFi Labs (@ViFi_Labs) August 5, 2025

OneRamp distinguishes itself by enabling seamless stablecoin integration with cellular cash platforms and financial institution accounts, facilitating straightforward crypto funds for on a regular basis companies.

Sub-Saharan Africa has seen spectacular cellular cash adoption, which might drive broader crypto use. ViFi Labs plans to leverage this progress for its regional enlargement efforts.

DISCOVER: Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Ethiopia Crypto Information: Bitcoin Mining Powers Vitality Income Growth

The Bitcoin mining sector in Ethiopia is driving large income to the state electrical energy firm.

Ethiopia Electrical Energy reportedly earned a further $55 million over the previous 10 months from mining actions, supporting rural electrification efforts.

The excess hydroelectric energy exceeds native industrial demand. Bitcoin mining, typically criticized for its power consumption, offers a prepared marketplace for this extra energy.

This example creates a win-win, demonstrating that Bitcoin mining will be sustainable in areas with favorable energy dynamics.

DISCOVER: 9+ Greatest Excessive-Threat, Excessive-Reward Crypto to Purchase in 2025

Africa Crypto Information: Ethiopia Mining Growth, Algeria Crypto Ban


Ethiopia crypto information: Bitcoin and crypto mining growth generates report income for state electrical energy supplier


Uganda crypto information: ViFi Labs acquires OneRamp, enhancing stablecoin integration for cellular cash


Algeria crypto information: Authorities enacts sweeping ban on crypto actions, citing fraud and terrorist financing considerations 


South Africa crypto information: VALR tokenizes U.S. shares on Solana 

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