#cryptocurrency

Kenya is advancing its regulation of the digital asset market with the proposed Virtual Asset Service Providers (VASP) Regulations, 2026. These draft regulations aim to establish a formal legal framework for businesses in the cryptocurrency and digital asset sector, transitioning from an unregulated environment to one that requires licensing and compliance, according to Sharp Daily.

Nigeria is advocating for a cross-border payment system that eliminates the need for third-party currencies, according to Techpoint Africa. The discussion includes the recent approval of Yellow Card in Switzerland and Daya's successful fundraising of $2.4 million aimed at developing stablecoin payment infrastructure.

Kenyan content creators face challenges in receiving payments on platforms like OnlyFans and ManyVids, despite being able to create and share content. As a solution, many are turning to Chatalystar, an alternative that utilizes cryptocurrency payments, allowing creators to monetize their work without the payment barriers present in traditional platforms, according to TechMoran.