{"id":82298,"date":"2025-07-20T09:00:56","date_gmt":"2025-07-20T09:00:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=82298"},"modified":"2025-07-20T09:00:56","modified_gmt":"2025-07-20T09:00:56","slug":"africa-crypto-news-week-sui-foundation-launches-hub-in-nigeria-moneybadger-raises-400000-as-kenya-considers-crypto-travel-rule","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=82298","title":{"rendered":"Africa Crypto News Week:\u00a0Sui Foundation Launches Hub In Nigeria, MoneyBadger Raises $400,000 As Kenya Considers Crypto \u201cTravel Rule\u201d"},"content":{"rendered":"

Africa crypto news: Kenya is considering the \u201cTravel Rule\u201d in VASP as Sui Foundation launches a blockchain hub in Nigeria. MoneyBadger of South Africa raises $400,000.<\/em><\/p>\n

The Sui Foundation has launched a blockchain hub in Nigeria to boost the country\u2019s developer ecosystem. In South Africa, the crypto startup Moneybadger has raised $400,000 in its pre-seed round to boost Bitcoin payments. Meanwhile, in Kenya, the government is seeking to implement the \u201cTravel Rule\u201d in the recently proposed VASP bill.<\/span><\/p>\n

These, and more stories, make the continental headlines for the week:<\/span><\/p>\n

Nigeria Crypto News: Sui Foundation Launches Blockchain Hub in Lagos<\/span><\/strong><\/h2>\n

Sui Foundation, which is behind SUI, is <\/span>investing i<\/span><\/a>n a blockchain hub in Nigeria to grow the country\u2019s developer ecosystem. <\/span><\/p>\n

This launch extends Sui Foundation\u2019s grassroots outreach effort in the African and Asian markets.\u00a0<\/span><\/p>\n

Africa\u2019s fastest-growing tech market just got a major upgrade.<\/p>\n

SuiHub Lagos is live <\/p>\n

It\u2019s more than a space \u2013 it\u2019s a launchpad for Africa\u2019s next generation of builders.<\/p>\n

Workshops, dev support, and real access to global blockchain infrastructure. pic.twitter.com\/S5DLeTqkXd<\/a><\/p>\n

\u2014 Sui (@SuiNetwork) July 15, 2025<\/a><\/p>\n\n

Lagos joins other destinations such as Dubai and Athens, where the Sui Foundation has sponsored hackathons and related initiatives.<\/span><\/p>\n

Christian Thompson, the Managing Director of the Sui Foundation, said the foundation will support developers who will, in turn, build on Sui and release impactful solutions.<\/span><\/p>\n

\u201cLagos is home to one of the most energetic tech communities in the world right now. By creating a space to collaborate, learn, and build, Sui is giving talented developers in Lagos the infrastructure and support to build on Sui and create solutions that will have a significant global impact.\u201d<\/span><\/p>\n

Nigeria has the largest population on the African continent and a rapidly growing crypto market, with<\/span> some of whom are investors in the <\/span>best meme coin ICOs<\/span><\/a>. <\/span><\/p>\n

This effort shows Sui\u2019s appreciation of this important market, and the platform hopes to reap the dividends in due course.<\/span><\/p>\n

<\/span><\/p>\n

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Sui Crypto<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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SUI<\/div>\n
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$9.29B<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n<\/div>\n

<\/p>\n

DISCOVER:\u00a0Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n

South Africa Crypto News: MoneyBadger Raises $400,000 To Drive Bitcoin Payments <\/span><\/strong><\/h2>\n

South African crypto startup MoneyBadger has <\/span>raised<\/span><\/a> $400,000 to boost its BTC \u25bc-0.17%<\/span><\/a> payments services within the region. <\/span><\/p>\n

The platform, which is the brainchild of Carel van Wyk, Carl Kritzinger, Ben Blaine, and Brent Petersen, aims to enhance its partnerships and expand operations.\u00a0<\/span><\/p>\n

Carel van Wyk, the founder, said funds will be used to accelerate partnerships and further serve their customers well.<\/span><\/p>\n

\u201cThis funding round, partly funded in bitcoin, helps us accelerate these partnerships and expand our well-established service to more consumers, merchants, use-cases, and countries. We envision a future where you can buy anything and everything with Bitcoin.\u201d<\/span><\/p>\n

MoneyBadger will seek more merchant partners to improve its Bitcoin payments reach. <\/span><\/p>\n

MoneyBadger bags US$400 k to tame crypto payments friction<\/p>\n

Cape Town start-up MoneyBadger has closed a US$400 k pre-seed round led by Nimble Capital. The fintech offers a stable-coin settlement API that slashes cross-border transfer fees to ~0.7 %, versus SWIFT\u2019s 4-5 %.\u2026<\/p>\n

\u2014 Victor de Ascen\u00e7\u00e3o (@victordascencao) July 17, 2025<\/a><\/p>\n\n

South Africa boasts one of the most impressive crypto payment adoption rates, and this platform aims to leverage this growing market to become an industry leader.\u00a0<\/span><\/p>\n

DISCOVER:\u00a0The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/p>\n

Kenya Crypto News:\u00a0 Legislation To Introduce \u2018Travel Rule\u2019<\/span><\/strong><\/h2>\n

The Government of Kenya is considering<\/span> introducing<\/span><\/a> the \u201cTravel Rule\u201d\u00a0 Virtual Assets Providers (VASP) Bill, which continues to take shape. <\/span><\/p>\n

This rule requires crypto service providers to collect and share information, including transaction history and physical addresses, with other service providers and financial institutions with which they engage.<\/span><\/p>\n

This requirement is an effort to comply with international requirements by the Financial Action Task Force (FATF) and related global regulators. <\/span><\/p>\n\n

Crypto regulations will always be a delicate balancing act. This is because the initial premise of crypto, even the <\/span>best new cryptos to invest in<\/span><\/a>, was to offer an alternative to mainstream finance.<\/span><\/p>\n

That said, crypto service providers operate in a reality where they need to create working relationships with local governments. As such, Kenyan operators could soon face this reckoning.\u00a0<\/span><\/p>\n

DISCOVER: <\/span><\/strong>Next 1000x Crypto \u2013 12 Coins That Could 1000x in 2025<\/span><\/a><\/p>\n

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Africa Crypto News: Kenya Travel Rule, Sui In Nigeria<\/h2>\n

Nigeria Crypto News: Sui Foundation launches blockchain hub in Lagos <\/p>\n

South Africa Crypto News: MoneyBadger raises $400,000 to drive Bitcoin payments\u00a0<\/span> <\/p>\n

Kenya Crypto News: Government considers introducing \u201cTravel Rule\u201d in the VASP bill\u00a0<\/span> <\/p><\/div>\n

The post Africa Crypto News Week:\u00a0Sui Foundation Launches Hub In Nigeria, MoneyBadger Raises $400,000 As Kenya Considers Crypto \u201cTravel Rule\u201d<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Africa crypto news: Kenya is considering the \u201cTravel Rule\u201d in VASP as Sui Foundation launches a blockchain hub in Nigeria. MoneyBadger of South Africa raises $400,000. The Sui Foundation has launched a blockchain hub in Nigeria to boost the country\u2019s developer ecosystem. In South Africa, the crypto startup Moneybadger has raised $400,000 in its pre-seed […]<\/p>\n","protected":false},"author":0,"featured_media":82299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82298","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\/82298"}],"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=82298"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82299"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}