Mariblock
Financial/Market news
Mariblock is the pioneer media company covering the development of blockchain and digital assets in Africa. Source
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| Scope | International, Trade/B2B |
|---|---|
| Language | English |
| Country | Nigeria |
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Recent Articles
Search ArticlesFSCA fines Africa Bitcoin Corp founder and two others R10 million for manipulating Altvest shares
| Image: Africa Bitcoin Corporation | Design: Mariblock The signal The trades predate the Bitcoin pivot by three years, and the FSCA acted against individuals, not the company. Still, Africa's first listed Bitcoin treasury company has lost its founder and CIO to 20-year bans, and its director of Bitcoin strategy is running it while they fight the orders.
Celo adds cNGN liquidity on Uniswap for broader access to onchain FX
Ethereum layer-2 blockchain network Celo has launched a cNGN-USDT liquidity pool on the decentralized exchange Uniswap. Celo becomes the third network to create a cNGN pool on Uniswap, after Binance and Base. Driving the news: The pool currently has 89,000 USDT and 126.2 million cNGN. cNGN is now listed on DEXs, including Uniswap V4 and PancakeSwap, with Celo saying its USDT/cNGN pool is the token’s largest liquidity venue.
U.S. crypto bank Anchorage hires for Africa stablecoin push
Anchorage Digital, the first federally chartered crypto bank in the U.S., may be preparing to enter Africa. Since June, the company has been advertising for an Africa regional lead for stablecoin solutions, based in South Africa. The role is to sell stablecoin issuance and banking solutions to African banks and enterprises, covering FX settlement, treasury operations and correspondent banking.
Ghana sets up five-agency committee to roll out crypto law, with licenses still a year off
The Bank of Ghana (BoG) on Aug. 25 inaugurated the Virtual Assets Coordinating Committee (VACC) to oversee the rollout of the country’s Virtual Asset Service Providers Act, 2025. The details: The committee brings together the BoG, Ghana’s Securities and Exchange Commission (SEC), the Ministry of Finance, the Cyber Security Authority and the Financial Intelligence Centre. The BoG will chair the committee for the first two years. Under the Act, the BoG and the SEC are the lead regulators.
Daya taps Stripe-backed Tempo to move stablecoins for African businesses
Daya Pro is the company’s liquidity product for market makers, OTC desks, P2P traders, and crypto trading professionals $0.6M$1.4M$2M$3M$2.1M$6.2M$0$1M$2M$3M$4M$5M$6M$7MMarchAprilMayJuneJulyAugust Chart: Oluwaseun Adeyanju, Mariblock · Source: Afriflux Daya Pro is the company’s liquidity product for market makers, OTC desks, P2P traders, and crypto trading professionals $0.6M$1.4M$2M$3M$2.1M$6.2M$0$2M$4M$6MMarchAprilMayJuneJulyAugust Chart: Oluwaseun Adeyanju, Mariblock · Source: Afriflux The...
Sell bitcoin in Nigeria: Remitano’s P2P vs Instant Swap compared
5 hours ago Selling Bitcoin in Nigeria no longer has to mean finding a buyer, negotiating a price, and waiting for payment. While Peer-to-Peer (P2P) trading remains a popular way to sell crypto, newer conversion options give Bitcoin holders another way to cash out. Today, crypto users have three ways to convert their assets into naira on Remitano: Sell, Swap, and P2P, each designed for a different kind of cash-out experience.
Welcome to Mariblock 2.0
Mariblock is becoming a more useful institution for Africa’s digital asset economy, bringing together journalism, research, data, tools and events to help the people building, investing in and regulating the industry make sense of a market that is becoming more complex and consequential. When we started Mariblock four years ago, Africa’s blockchain industry was still finding its footing.
Nigeria’s SEC proposes stricter rules for digital asset firms
SEC DG Dr. Timi Agama speaking at Nigeria Stablecoin Summit 2025 | Africa Stablecoin Network The tension Nigeria’s SEC is bringing stablecoins into the regulatory fold while setting requirements that could make them harder to offer. That dynamic could push more stablecoin activity towards regulated markets or deeper into parallel ones. The Nigerian Securities and Exchange Commission (SEC) has published a draft framework for regulating digital assets and their service providers. Published Aug.
Ghana’s SEC expands crypto sandbox to 20 participants
Ifeoluwa A. / Unsplash; Ifeoluwa Awowoye / Mariblock The big picture The interesting part of Ghana’s sandbox is the inclusion of state-backed GoldBod and GCX, bringing actual commodity businesses into the country’s digital asset experiment. It is a bigger bet on tokenization than most sandbox experiments have made. Ghana’s Securities and Exchange Commission (SEC) has added nine companies to its regulatory sandbox, bringing the total number of participants to 20.
Stablecoin company Blockradar hits $1b in transaction volume
Stablecoin wallet provider Blockradar has hit $1 billion in transaction volume, two years after launch. It now supports 100s of fintechs across 20 countries. The milestone underscores the infrastructure quietly powering Africa’s stablecoin boom. Last year at ETHSafari in Kilifi, Kenya, I spoke to two founders building a payments startup. One told me his team had two engineers, neither a blockchain specialist. Integrating Celo took about two months. Then they switched to Blockradar.