{"id":111592,"date":"2025-11-09T09:30:11","date_gmt":"2025-11-09T09:30:11","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=111592"},"modified":"2025-11-09T09:30:11","modified_gmt":"2025-11-09T09:30:11","slug":"africa-crypto-week-in-review-ghana-crypto-policy-super-group-launches-stablecoin-in-south-africa-changpeng-zhao-blasted-in-nigeria","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=111592","title":{"rendered":"Africa Crypto Week in Review:\u00a0Ghana Crypto Policy, Super Group Launches Stablecoin in South Africa, Changpeng Zhao Blasted in Nigeria"},"content":{"rendered":"

In Africa crypto news this week, the Central Bank of Ghana has published a policy paper on crypto regulation. It addresses the need for action-driven, collaborative regulations rather than implementing outright bans on crypto.<\/span><\/p>\n

South African logistics and supply chain giant Super Group is set to launch its stablecoin. This product aims to boost engagement with its <\/span>customer base<\/span><\/a>.<\/span><\/p>\n

Meanwhile, Changpeng Zhao, the co-founder of Binance, has sparked the ire of Nigerians after his latest comments on the arrest of a Binance executive in 2024.<\/span><\/p>\n\n

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Let\u2019s look at these stories making continental headlines this week:<\/span><\/p>\n

Ghana Crypto News:\u00a0Policy Paper On Crypto Regulation is Live<\/span><\/strong><\/h2>\n

The Central Bank of Ghana has published a policy paper on the regulation of crypto assets. This paper aligns with the promises made by financial regulators to enact regulatory legislation in response to similar regional developments.<\/span><\/p>\n

\u201cGhana\u2019s Policy Position on Virtual Assets and Service Providers\u201d<\/span><\/em> lays out<\/span><\/a> the groundwork for a unified and action-driven regulatory framework. The paper speaks to the need to regulate rather than outrightly ban crypto:\u00a0<\/span><\/p>\n

\u201cGhana has not imposed a ban on virtual assets, recognizing that prohibition would likely drive activity underground and eliminate prospects of regulatory oversight.\u201d<\/span><\/p>\n

The paper further identifies key principles, including the need for appropriate regulation, a risk-based approach, the importance of collaboration among stakeholders, and the necessity of enhancing digital asset financial literacy among the population. <\/span><\/p>\n

The Bank of Ghana has registered over 100 virtual asset service providers under a new policy to regulate the country\u2019s growing cryptocurrency market.
A July 2025 exercise identified companies offering exchange, wallet, and investment services to over three million users.
To\u2026 pic.twitter.com\/t1SlxbZvhv<\/a><\/p>\n

\u2014 TheFluc (@_TheFluc) November 7, 2025<\/a><\/p>\n\n

Crypto enthusiasts in the country will likely welcome this approach and hope to be closely involved in the legislative process.<\/span><\/p>\n

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South Africa Crypto News:\u00a0 Super Group To Release a Stablecoin\u00a0<\/span><\/strong><\/h2>\n

Logistic and supply chain company Super Group has <\/span>announced<\/span><\/a> plans to release a stablecoin pegged to the South African Rand on Solana.<\/span><\/p>\n

Super Group had been exploring crypto payments for a few months and opted for stablecoins to support its operations in the region, having crossed the 6M customer threshold in September.<\/span><\/p>\n

The stablecoin, referred to as Super Coin, has the potential to be a valuable tool for payments and customer engagement. <\/span><\/p>\n

During their Q2 earnings call, Neil Menashe, the CEO, highlighted the high cost of payments on the continent and stated that integrating crypto would make a \u201chuge difference.\u201d<\/span><\/p>\n

\u201cIn the African side of our business, we have a banking issue there. I think crypto and coins can make a huge difference because banking is a really big cost in Africa, especially for us onboarding customers and then making payments across the continent.\u201d<\/span><\/p>\n

Full details on how the stablecoin works will be apparent in the near future as Super Group provides more information about the project. <\/span><\/p>\n

The company is rapidly growing in the South African, Botswana, Malawian, and Tanzanian markets. <\/span><\/p>\n

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Nigeria Crypto News: Changpeng Zhao Blasted After Tweet<\/span><\/strong><\/h2>\n

In a now-deleted X post, Changpeng Zhao accused Nigeria of kidnapping Binance executive Tigran Gambaryan, who was detained for months in 2024. <\/span><\/p>\n

However, these comments came amid Donald Trump\u2019s claims that Christians in Nigeria were under attack.<\/span><\/p>\n

Furthermore, crypto enthusiasts in Nigeria reacted strongly to these claims, with some <\/span>pointing out<\/span><\/a> that Tigran was lawfully detained. <\/span><\/p>\n

Meanwhile, others pointed out the hypocrisy of CZ (as he is popularly nicknamed) being only recently pardoned of money laundering and fraud charges in the United States.<\/span><\/p>\n

This is bad optics for the web 3 ecosystem in Nigeria . I spoke about this last year on Arise News about the unlawful detention of Tigran Gambaryan from Binance. This is why your biggest funds, VCs, HNIs, incubators & multinationals all left Nigeria last year. What a shame pic.twitter.com\/ZjkR9os3h0<\/a><\/p>\n

\u2014 JB of Lagos (@_jboflagos) November 2, 2025<\/a><\/p>\n\n

This latest incident could complicate <\/span>Binance\u2019s operations<\/span><\/a> in Nigeria after a notable thawing in tensions in recent months.<\/span><\/p>\n

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\n

Africa Crypto News: Binance Nigeria, Ghana Crypto Policy<\/h2>\n

Nigeria crypto news: Changpeng Zhao ignites ire after tweet\u00a0<\/span> <\/p>\n

Ghana crypto news: Central bank releases crypto policy paper\u00a0<\/span> <\/p>\n

South Africa news: Super Group to release stablecoin on Solana\u00a0<\/span> <\/p><\/div>\n

The post Africa Crypto Week in Review:\u00a0Ghana Crypto Policy, Super Group Launches Stablecoin in South Africa, Changpeng Zhao Blasted in Nigeria<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

In Africa crypto news this week, the Central Bank of Ghana has published a policy paper on crypto regulation. It addresses the need for action-driven, collaborative regulations rather than implementing outright bans on crypto. South African logistics and supply chain giant Super Group is set to launch its stablecoin. This product aims to boost engagement […]<\/p>\n","protected":false},"author":0,"featured_media":111593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111592"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111592"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111592\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111593"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}