Africa Crypto Week in Review: Legal Challenges, Exchange Reboots, and Blockchain Partnerships
Kenya’s judiciary has dealt a blow to Worldcoin, ordering the deletion of biometric data collected by Sam Altman’s controversial identity project. The ruling underscores growing regulatory scrutiny of crypto initiatives in Africa, where privacy concerns often clash with technological ambition.
Meanwhile, CBEX’s attempted revival raises eyebrows across the continent’s crypto community. The exchange’s checkered history and previous operational failures cast doubt on its latest reboot attempt, with industry observers warning traders to exercise extreme caution.
Nigeria’s fintech sector continues to lead blockchain adoption, with Zone Network’s new partnerships demonstrating the real-world utility of distributed ledger technology. The collaborations aim to streamline payment systems in Africa’s largest economy, where crypto adoption continues to surge despite regulatory headwinds.