This week in African cryptocurrency news, we saw both positive and negative developments across different countries. In Nigeria, a massive crackdown on cybercriminals involved in cryptocurrency scams resulted in hundreds of arrests. Meanwhile, in Kenya, entrepreneurs are optimistic about the growth potential of cryptocurrencies in the coming years.
South African platform leaders also predicted a strong start to 2025, citing favorable market conditions. On the other hand, Ethiopia’s central bank announced that while they support cryptocurrency mining, they will not recognize cryptos as legal tender due to concerns over economic stability. As always, it’s crucial to stay informed and cautious when dealing with digital assets.
Source
As per reported by 99bitcoins.com