South African crypto change VALR has grow to be the primary platform on the continent to supply tokenized American shares. Two main crypto occasions are scheduled in South Africa for October and November 2025. In Uganda, ViFi Labs has acquired OneRamp, strengthening its foothold on the continent.
In the meantime, the BTC ▼-0.01% mining increase in Ethiopia is driving file income for the state electrical energy firm. Up north, Algeria has taken the unlucky stance of banning all crypto-related actions.
These, and extra tales, make the continental headlines for the week:
South Africa Crypto Information: Tokenization, Acquisition, And Crypto Conferences
South African crypto change VALR has launched tokenized U.S. inventory buying and selling on its platform, making it the primary African change to offer customers entry to U.S. equities markets.
Customers can now commerce xStocks, a illustration of U.S shares on the Solana blockchain.
The xStocks token, created by Backed in Might, permits VALR customers to trace their favourite U.S. shares, resembling Tesla and Amazon, with the comfort of crypto buying and selling.
VALR goes reside with xStocks, pioneering tokenized U.S.-listed equities in South Africa and the continent.#ProTradingForEveryone #MoneyForTheWorld pic.twitter.com/3AvQtBIARQ
— VALR (@VALRdotcom) July 31, 2025
In the meantime, Peach Funds and Moneybadger have partnered. Peach Funds goals to leverage its first cope with a crypto service supplier to supply extra selections to its shoppers.
DISCOVER: High Solana Meme Cash to Purchase in 2025
Hundreds of thousands of South Africans now personal crypto and make funds utilizing digital belongings. Peach Funds goals to draw customers occupied with utilizing this utility for crypto fee choices.
Bitcoin Occasions has additionally introduced that Blockchain Africa Convention 2025 and CryptoFest 2025 will happen in South Africa. The Blockchain Africa Convention can be held in Johannesburg on October 30, 2025, whereas CryptoFest is scheduled for mid-November in Cape City.
Algeria Crypto Information: Sweeping Ban on Crypto
The Algerian authorities has enacted a complete ban on all digital asset actions to guard the nationwide forex.
Algeria has formally banned all crypto-related actions. It’s now handled as a monetary crime below anti-money laundering and anti-terrorism legal guidelines.
Arduous to consider that in 2025, some African international locations nonetheless view crypto as against the law. pic.twitter.com/gE9dnLO2yu
— Specter (@SpecterAnalyst) July 31, 2025
The ban, efficient July 24, 2025, was introduced via a publication. Cited causes embody combating terrorist financing, stopping fraud, and curbing unwarranted hypothesis.
These measures place Algeria on the finish of the spectrum, as most international locations allow crypto actions inside regulated frameworks.
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Uganda Crypto Information: ViFi Labs Acquires OneRamp
Decentralized protocol ViFi Labs has acquired Ugandan platform OneRamp, a rising participant in native crypto funds.
ViFi goals to strengthen its foothold in strategic African markets and develop to Latin America.
We're excited to announce we've acquired @0xOneRamp !
The platform makes it simple for folks to spend crypto for day-to-day purchases, blurring the hole between the complexity of stablecoins and fintech funds.
Right here's why
pic.twitter.com/a84thDYggu
— ViFi Labs (@ViFi_Labs) August 5, 2025
OneRamp distinguishes itself by enabling seamless stablecoin integration with cellular cash platforms and financial institution accounts, facilitating simple crypto funds for on a regular basis companies.
Sub-Saharan Africa has seen spectacular cellular cash adoption, which may drive broader crypto use. ViFi Labs plans to leverage this development for its regional growth efforts.
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Ethiopia Crypto Information: Bitcoin Mining Powers Power Income Growth
The Bitcoin mining sector in Ethiopia is driving huge income to the state electrical energy firm.
Ethiopia Electrical Energy reportedly earned a further $55 million over the previous 10 months from mining actions, supporting rural electrification efforts.
The excess hydroelectric energy exceeds native industrial demand. Bitcoin mining, typically criticized for its vitality consumption, offers a prepared marketplace for this extra energy.
This example creates a win-win, demonstrating that Bitcoin mining will be sustainable in areas with favorable energy dynamics.
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Africa Crypto Information: Ethiopia Mining Growth, Algeria Crypto Ban
Ethiopia crypto information: Bitcoin and crypto mining increase generates file income for state electrical energy supplier
Uganda crypto information: ViFi Labs acquires OneRamp, enhancing stablecoin integration for cellular cash
Algeria crypto information: Authorities enacts sweeping ban on crypto actions, citing fraud and terrorist financing issues
South Africa crypto information: VALR tokenizes U.S. shares on Solana
The put up Africa Crypto Information Week in Evaluate: Ethiopia Crypto Mining Income Growth, ViFi Labs Acquires OneRamp, Algeria Bans Crypto appeared first on 99Bitcoins.
