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>>Ripple Charts the 2026 Shift in African Crypto Regulations: What Regulators Are Updating

Ripple Charts the 2026 Shift in African Crypto Regulations: What Regulators Are Updating

crypthub

about 7 hours ago

Regulatory Landscape

Ripple’s new report notes that eight African nations have enacted crypto‑specific rules, with more drafting frameworks. Clearer regimes in major markets are becoming templates for neighbors, fostering a more harmonized ecosystem. Cross‑border fintech initiatives further support regional coordination.

Country Highlights

South Africa’s 2023 framework classifies certain tokens as financial products and requires licensed CASPs overseen by the FSCA and FIC. Kenya passed its Virtual Asset Service Providers Bill in 2025, placing supervision with the central bank and capital markets authority. Mauritius’ 2021 VAITOS Act set early AML standards, and Nigeria’s 2025 Investments and Securities Act now treats digital assets as securities while easing bank‑VASPs collaborations.

Market Growth

Sub‑Saharan Africa saw on‑chain value exceed $205 billion from July 2024 to June 2025, a 52% YoY rise, placing the region among the fastest‑growing crypto markets. Nigeria and Ethiopia ranked in the top‑15 of the 2025 Global Crypto Adoption Index, reflecting strong grassroots demand. Ripple expects the regulatory momentum to sustain this expansion through 2026.