The cryptocurrency market has experienced a massive boom with an estimated total global market capitalization of $2.05 trillion as of January 2022. Africa has been widely reported as the 3rd fastest-growing market for cryptocurrency adoption despite still having the smallest crypto economy. According to Chainalysis, Africa’s cryptocurrency market has grown over 1200% by value and African countries received $105.6 billion worth of cryptocurrency between July 2020 and June 2021.

One of the major challenges to the cryptocurrency sector in Africa and the world at large is regulation. Initially, regulators and governments in Africa were indifferent or gave no official stance on cryptocurrency adoption but some countries such as Nigeria and Kenya are now making it difficult for customers to send money to cryptocurrency businesses from their bank accounts, either by passing laws or by advising banks not to allow these transfers.

Join us at the webinar as we organize public-private dialogue surrounding the regulation of cryptocurrency in the region highlighting the vast opportunities that could be beneficial to the economic landscape and proffering recommendations on a suitable regulatory framework for the Cryptocurrency market that would benefit businesses and preserve their investments mitigating risk and ensuring compliance is prioritized. This amongst others would be fully addressed at the webinar.
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