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Africa Crypto News Week in Review:  Circle Backs African Fund, South Africa Adopts Crypto Tax Laws, Kredete Raises $22M

99Bitcoins•Sunday, September 21, 2025 at 12:35:59 PM
PositiveCryptocurrency
Africa Crypto News Week in Review:  Circle Backs African Fund, South Africa Adopts Crypto Tax Laws, Kredete Raises $22M
This week in Africa's crypto scene, Circle has made a significant move by backing a fund with a $20 million investment aimed at boosting blockchain startups across the continent. This is a big deal because Circle is a major player in the crypto world, and their support could lead to increased innovation and growth in the African market. Additionally, South Africa has introduced new crypto tax laws, which could provide a clearer regulatory framework for businesses and investors. Meanwhile, Kredete has successfully raised $22 million, showcasing the growing interest and investment in the region's crypto landscape.
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