Africa crypto news: Nigeria plans to introduce a new blockchain policy as a crypto entrepreneur is adopted in Uganda. Meanwhile, Bitget Wallet is finding more users in Africa.<\/p>\n
The African crypto regulatory landscape is evolving rapidly. Following recent securities legislation, Nigeria is developing a new national blockchain policy to boost crypto adoption.<\/span><\/p>\n In a concerning development, crypto entrepreneurs are urged to enhance security measures after a crypto executive was abducted in Uganda. <\/span><\/p>\n Meanwhile, Bitget Wallet is fast-growing in Africa, as global users increase by 300%.<\/span><\/p>\n Let\u2019s dive into the stories shaping this week\u2019s headlines across the continent:<\/span><\/p>\n Following recent legislation governing securities and digital assets, the Nigerian government <\/span>plans<\/span> to introduce a new blockchain policy.<\/span><\/p>\n Bosun Tijani, the Minister for Communications and the Digital Economy, confirmed these plans are in progress.<\/span><\/p>\n Tijani believes the policy will accelerate blockchain adoption in the country, even funneling capital to some of the <\/span>best meme coin ICOs<\/span><\/a>.<\/span><\/p>\n The @FMCIDENigeria<\/a> has released a Whitepaper detailing our efforts to develop a holistic National Blockchain Policy. This Policy aims to provide a structured, inclusive, and forward-looking framework for Blockchain adoption in Nigeria.<\/p>\n The inclusive approach ensures that\u2026 pic.twitter.com\/bzJWrzEF0U<\/a><\/p>\n \u2014 Dr. ‘Bosun Tijani (@bosuntijani) May 20, 2025<\/a><\/p>\n\n As a result, industry stakeholders are eager to understand the policy\u2019s details and implications. <\/span><\/p>\n\n Nigeria has a dynamic crypto market, yet its crackdown on Binance reflects a mixed approach to the sector.<\/span><\/p>\n DISCOVER: Top Solana Meme Coins to Buy in May 2025<\/a><\/strong><\/p>\n In a shocking incident, the founder of Ugandan blockchain platform Mitroplus Labs was allegedly abducted by a criminal gang in Kampala on May 17. <\/span><\/p>\n Festo Iviabi claims he was forced to transfer some of the <\/span>best cryptos to buy<\/span><\/a> from his wallet before being released.<\/span><\/p>\n\n \u00a0<\/p>\n (Source<\/a>)<\/strong><\/p>\n Mitroplus said the abduction didn\u2019t impact users. However, the price of the Afro meme coin slightly dipped. <\/span><\/p>\n This incident highlights crypto entrepreneurs\u2019 real-world dangers and the need for robust security measures.<\/span><\/p>\n The decentralized nature of crypto makes it attractive to criminals, who may hack or coerce owners to transfer funds.<\/span><\/p>\n Bitget Wallet, provided by Bitget, <\/span>reported<\/span><\/a> a 300% global increase in user base, but more users were from Africa.<\/span><\/p>\n The surge reflects a growing reliance on crypto for fund transfers and navigating unstable local currencies.<\/span><\/p>\n Gracy Chen, CEO at Bitget,\u00a0 said <\/a>the wallet \u201cstands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets.\u201d<\/p>\n These figures underscore Africa\u2019s immense potential in crypto, offering an accessible international monetary system.<\/span><\/p>\n Recently, the wallet announced a $1 million incentive campaign and a revision of its logo.<\/span><\/p>\n DISCOVER: Next 1000x Crypto \u2013 11 Coins That Could 1000x in 2025<\/a><\/strong><\/p>\n Nigeria Crypto News: Government\u00a0plans to release new blockchain policy<\/span>\u00a0<\/span> <\/p>\n Uganda Crypto News: Meme coin developer abducted in Uganda<\/span>\u00a0<\/span> <\/p>\n Africa Crypto News: Bitget Wallet growing, finds more users in Africa<\/span>\u00a0<\/span> <\/p><\/div>\n The post Africa Crypto Week in Review: Nigeria Plans New Blockchain Policy, Crypto Entrepreneur Abducted In Uganda<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Africa crypto news: Nigeria plans to introduce a new blockchain policy as a crypto entrepreneur is adopted in Uganda. Meanwhile, Bitget Wallet is finding more users in Africa. The African crypto regulatory landscape is evolving rapidly. Following recent securities legislation, Nigeria is developing a new national blockchain policy to boost crypto adoption. In a concerning […]<\/p>\n","protected":false},"author":0,"featured_media":68981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68980","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\/68980"}],"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=68980"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68981"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Nigeria Crypto News: Government to Create New Blockchain Policy<\/span><\/strong><\/h2>\n
Uganda Crypto News: Abductions Target Crypto Entrepreneurs<\/span><\/strong><\/h2>\n
Africa Crypto News: Bitget Wallet Sees Explosive Growth in Africa<\/span><\/strong><\/h2>\n
Africa Crypto News: Nigeria Blockchain Policy, Entrepreneur Abduction Uganda<\/h3>\n