Africa Crypto News Week in Review: Visa Partners with Yellow Card, Empowa Expands, Crypto Reforms in South Africa

In our newest Africa crypto information, Visa is partnering with Yellow Card as Empowa expands to Nigeria. Crypto gamers in South Africa are pushing for reforms to unlock tax income.

Blockchain housing startup Empowa is increasing its presence within the Nigerian market after partnering with native gamers within the housing sector.

In the meantime, the worldwide card firm Visa has partnered with Yellow Card to broaden its attain in Africa and different continents.

In South Africa, crypto stakeholders have intensified requires reform in classifying crypto property.

Let’s discover these continental headlines beneath:

Kenya Crypto Information: Empowa Expands to Nigeria

Blockchain housing finance platform Empowa is coming into the Nigerian market. This enlargement is made potential via a partnership with the Nigerian housing finance platform ProPay and different cooperative companies within the nation.

Empowa initially launched in Mozambique, counting on a tokenized mannequin to promote homes. The platform has now shifted to partnering with institutional buyers and banks to fund its housing initiatives.

Traders should purchase EMP tokens as a substitute of holding money in banks, retaining full entry to their balances.

EMP token holders have on-chain profiles that banks and different gamers within the housing market can use for numerous funding choices.

This mannequin connects property buyers and potential institutional funders in methods conventional banking can’t.

Discover: 9+ Finest Excessive-Threat, Excessive-Reward Crypto to Purchase in June 2025

Africa Crypto Information: Visa Joins Fingers with Yellow Card

Visa, the worldwide card fee firm, is increasing its stablecoin enterprise in Africa, Europe, and the Center East.

To broaden their attain in Africa, they’ve joined arms with the favored fee platform Yellow Card.

In case you missed it! we introduced our partnership with @Visa at #VPFCEMEA2025!

We’re teaming as much as discover stablecoin use instances with a give attention to streamlining treasury processes and enhancing liquidity administration.

Learn Extra: https://t.co/DKoFHA4qbl pic.twitter.com/nHNv04PxFy

— Yellow Card (@yellowcard_app) June 19, 2025

This partnership permits Visa to take part within the new worldwide fee paradigm of borderless funds.

Stablecoins are a elementary part of crypto buying and selling, with cash like USDC enabling merchants to handle volatility when dealing with a number of the finest cryptos to purchase.

Visa is leveraging its sturdy international infrastructure and goals to learn from elevated crypto exercise throughout the continent.

Discover: Finest New Cryptocurrencies to Spend money on 2025

South Africa Crypto Information: Reforms to Unlock Extra Crypto Tax Income

Crypto stakeholders in South Africa have intensified requires regulatory reform to categorise crypto as onshore property.

The Luno Basic Supervisor for Africa, Marius Reitz, claims the nation is dropping over 500 million Rand in potential crypto income resulting from regulatory uncertainty.

Equally, Frank Leodette, founding father of the crypto alternate Afridax, famous that clear classification of crypto property would allow the discharge of merchandise like exchange-traded Funds (ETFs) into the South African market.

Such sophistication would permit institutional buyers to take part absolutely within the sector. In flip, this might improve crypto credibility, boosting capital movement to a number of the finest meme coin ICOs.

These aren’t the primary requires regulators to modernize crypto legal guidelines within the nation. A Excessive Court docket decide lately famous that South Africa nonetheless depends on Apartheid-era legal guidelines to manage trendy industries. This concerted effort ought to spur legislators into motion to make sure regulatory readability on this market.

DISCOVER: Finest New Cryptocurrencies to Spend money on 2025 – Prime New Crypto Cash

The put up Africa Crypto Information Week in Assessment: Visa Companions with Yellow Card, Empowa Expands, Crypto Reforms in South Africa appeared first on 99Bitcoins.

Source link