In the latest news from Africa Crypto News, Visa is partnering with Yellow Card as Empowa expands to Nigeria. South African crypto players are calling for reforms to unlock tax revenue.
Blockchain housing startup Enkova has expanded its presence in the Nigerian market after partnering with local players in the housing sector.
Meanwhile, international credit card company Visa is partnering with Yellow Cards to expand its reach in Africa and other continents.
In South Africa, crypto stakeholders have reinforced the demand for reforms in the classification of crypto assets.
Explore the headlines for these continents below.
Kenya Crypto News: Empova expands to Nigeria
Blockchain housing finance platform Enkowa enter Nigerian market. This expansion was made possible through partnerships with Nigerian housing finance platform Propay and other cooperative companies across the country.
Empova initially relied on a model that was launched in Mozambique and was tokenized to sell the home. The platform is currently moving to partnering with institutional investors and banks to fund housing initiatives.
Instead of holding cash in the bank, investors can purchase EMP tokens and maintain full access to their balances.
EMP token holders have an on-chain profile that can be used by banks and other players in the housing market for a variety of funding options.
This model connects real estate investors with potential institutional funders in ways traditional banks cannot.
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African Crypto News: Visa is holding hands with yellow cards
Visa, a global card payments company, is expanding its Stablecoin business in Africa, Europe and the Middle East.
To expand their reach in Africa, they got the popular payment platform Yellow Card.
Just in case you miss it! We announced our partnership with @Visa at #VPFCEMEA2025!
We team up to explore Stablecoin use cases with a focus on streamlining our financial processes and enhancing liquidity management.
Details: https://t.co/dkofha4qbl pic.twitter.com/nhnv04pxfy
– Yellow Card (@yellowcard_app) June 19, 2025
This partnership allows Visa to participate in a new international payment paradigm of borderless payments.
Stablecoins are the fundamental elements of Crypto Trading, and coins like USDC can allow traders to manage volatility when dealing with some The best cipher to buy.
Visa leverages a robust global infrastructure and aims to benefit from an increase in crypto activity across the continent.
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South Africa's Crypto News: Reforms to Unlock More Crypto Tax Revenues
South African crypto stakeholders have Enhancement A demand for regulatory reforms to classify crypto as a land assets.
Africa's general manager, Marius Leitz, claims that regulatory uncertainty has caused the country to lose more than R500 million in crypto revenue.
Similarly, Frank Leodette, founder of Crypto Exchange Afridax, noted that a clear classification of Crypto assets would allow the release of products such as Exchange-Traded Funds (ETFS) into the South African market.
This refinement allows institutional investors to fully participate in the sector. This then increases the reliability of the crypto, resulting in several capital flows. Best Meme Coin ICO.
These are not the first requests for regulators to modernize the country's cryptographic laws. A high court judge recently pointed out that South Africa still relies on apartheid-era laws to regulate modern industry. This coordinated effort should lead lawmakers to action to ensure regulatory clarity in this market.
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African Crypto News: Visa Yellow Card, Empowa Nigeria, South Africa Reform
African Crypto News: Visa joins hands on yellow cards
Kenya Crypto News: Empowa is expanding to Nigeria
South African Crypto News: Players Want Reforms Unlock More Tax Revenues
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