The Bank of Ghana has issued a public warning against YellowPay, a stablecoin-powered payments platform, stating it is not licensed to offer digital financial services in the country. The European Commission has officially listed Kenya as a high-risk jurisdiction for money laundering and terrorism financing, advising EU member states to apply stricter scrutiny to financial transactions involving the country. Nigeria has officially passed the Investment and Securities Act, 2024, legalizing cryptocurrency and outlawing Ponzi schemes.

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